Putin Believes Calvey's Case Should Not Be Linked To Investment Climate In Russia - Peskov

Putin Believes Calvey's Case Should Not Be Linked to Investment Climate in Russia - Peskov

Kremlin spokesman Dmitry Peskov voiced on Friday the position of Russian President Vladimir Putin regarding the case of US investor Michael Calvey, the founder of Baring Vostok, which, in particular, stipulates that this matter cannot be linked to the investment climate in the country

MOSCOW (UrduPoint News / Sputnik - 15th March, 2019) Kremlin spokesman Dmitry Peskov voiced on Friday the position of Russian President Vladimir Putin regarding the case of US investor Michael Calvey, the founder of Baring Vostok, which, in particular, stipulates that this matter cannot be linked to the investment climate in the country.

"The position of the president is as follows. The first thing is that this matter should not be linked to the investment climate in Russia in general and it should not have any negative impact. Russia was, is and will be interested in international investors and intends to do everything possible to create comfortable working conditions for them," Peskov told reporters when asked to comment on Putin's position over Calvey's case.

The second point, according to Peskov, is that the president cannot comment on Calvey's case since criminal proceedings are still underway.

"This is not the prerogative of the president. And the third point is that, until the court issues a decision, no one can call Calvey guilty of any offenses," the spokesman added.

Calvey, the founder of Moscow-based Baring Vostok investment group, was detained in Moscow alongside five other suspects in February over suspected complicity in the theft of 2.5 billion rubles (over $38 million) from Russia's Vostochny Bank.

On February 16, Moscow's Basmanny Court ordered Calvey to be held in custody for two months. Calvey insists that he is not guilty and has not committed any crimes.

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