The ruling ends a story with diplomatic repercussions that, after all, has significantly worsened Russia’s investment climate for two years. Philip Delpal was arrested on February 14, 2019, along with five partners of the Russian investment fund Baring Vostok – the sixth year was in December of the same year – Philip Delpal spent six months in pre-trial detention, and then spent two years under strict surveillance in Moscow. French Foreign Minister Jean-Yves Le Drian called the relationship“Thorn” In bilateral relations with Russia.

On Friday, August 6, a Russian court sentenced the company’s founder and director Michael Calvi and Philip Delpal to five years, six months, four years and six months in prison, respectively. France-Press (AFP) appeared in the courtroom.

Their Russian colleagues Alexei Kordichev, Wagon Abgorian, Maxim Vladimirov, Alexander Sakunov and Ivan Siosin were sentenced to three years, six months and five years in prison. The guilt of all who have been punished “Fully proven”Judge Anna Sokova said while highlighting “Deleting Circumstances”, Especially MM. Calvi and Delpal, who have minors at their trial, have never been tried before this trial.

“Judgment is unfortunate and extremely unjust”Mr Calvi told reporters “Insult to be punished for a crime that never happened”. “I’m in shock”, Started by Mr. Delpal, who is part of him. “My colleagues and I are completely innocent.”.

Very low approval rate

Philip Delpal, one of Russia’s largest foreign investors, was sentenced to 10 years in prison for embezzling 2.5 billion rubles (29 million euros) from a Russian bank by Michael Calve and five of his Russian partners. Defendants have from the outset condemned an allegation made by opponents from the outset using the political lever at the highest levels of the Russian government.

According to Mr. Calvey’s lawyer, Timofee Gridnev, “The court continues to arrogantly blame Calvi and his partners for not repaying the loans, while, in the bank’s own opinion, these loans were repaid in 2017. (R). The offender’s involvement in civil law may lead to this. “

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