Kremlin Says It Wants to See Arrested U.S. Investor Calvey at Forum

  • Peskov calls fund manager ‘a very trustworthy businessman’
  • Arrest of Baring Vostok partners shocked investment community

Michael Calvey

Photographer: Andrey Rudakov/Bloomberg
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The Kremlin would like to see U.S. investor Michael Calvey, now under house arrest in Moscow on fraud charges, attend the St. Petersburg International Economic Forum this week, and hopes that he and his partner are ultimately released, spokesman Dmitry Peskov said Monday.

“We would like to see Michael among the participants at the forum because he’s been quite an active player in the Russian market for more than 15 years,” Peskov said in an interview on Russia’s RT television. “We all know him as a very trustworthy businessman devoted to the Russian market.”