15 august 2019

Russian Direct Investment Fund CEO Welcomes Court's Decision to Release Delpal to House Arrest


Philippe Delpal, a partner at the Baring Vostok private equity group, was arrested in February along with the company's founder, US national Michael Calvey, on suspicion of fraud. Earlier on Thursday, a Sputnik correspondent reported that the Moscow city court had released Delpal to house arrest.“On behalf of Russian and international investment community we welcome the decision of the court to change the measure of restraint from detention to house arrest for Philippe Delpal. We support the [...]