Baring Vostok will defend rights of its detained employees

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MOSCOW, February 15. /TASS/. Baring Vostok believes that detention of its employees suspected of fraud is caused by the conflict with shareholders of Vostochniy Bank, the fund said in a media statement.

“Baring Vostok believes that the detention of its employees and the charges that have been brought are a result of a conflict with shareholders of Vostochniy Bank. We have full confidence in the legality of our employees’ actions and will vigorously defend their rights. Baring Vostok’s activities in the Russian Federation are fully compliant with all applicable laws,” the fund said in a statement.

 

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