Moscow City Court rules to keep Michael Calvey under arrest

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MOSCOW, February 28. /TASS/. The Moscow City Court has declared the imprisonment of Baring Vostok’s founder Michael Calvey on charges of fraud worth 2.5 bln rubles ($37.5 mln) as legal, a TASS correspondent reported from the courtroom.

“To dismiss the defense’s appeal against choosing custody as a preventive measure for Calvey to leave the decision of the court of first instance unchanged,” the judge said.

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