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The Baring Vostok Fund remains a shareholder of the bank, Calvey said
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MOSCOW, March 3. /TASS/. The Baring Vostok private equity firm is not going to withdraw from the capital of Vostochny Bank yet, the firm’s founder Michael Calvey told TASS on Wednesday.
Calvey is a defendant in the case of embezzling 2.5 bln rubles of the bank s loan funds. There are no plans to withdraw [from the capital of Vostochny Bank - TASS] in the near future. The Baring Vostok Fund remains a shareholder of the bank, and we have no plans to withdraw from this asset in the near future, Calvey said.