U.S. founder of Baring Vostok denies wrongdoing in Russian court

Michael Calvey, the U.S. founder of the Baring Vostok private equity group, denied allegations of fraud on Friday and told a Moscow court that accusations against him were the result of a commercial dispute between his fund and Vostochny Bank.

from Reuters: U.S. https://reut.rs/2UUNNh0