JRL NEWSWATCH: “U.S. investor jailed by Russia tells Washington to keep distance: prison monitor” – Reuters

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File Photo of U.S. Embassy Moscow, with Russian Foreign Ministry Building in Distance

“The detention … of Michael Calvey, founder of the Baring Vostok private equity group, has strained U.S.-Russia ties and stoked talk of a possible U.S. boycott of an annual economic forum in June attended by … Putin. Calvey was detained along with three other executives from Baring Vostok after investigators accused them of stealing 2.5 billion roubles ($38.09 million), a charge he denies. … Calvey’s arrest has rattled some foreign investors who are worried about the business climate and some prominent Russian businessmen have called for him to be released from pre-trial detention on bail, saying his treatment has been too harsh. The Kremlin has said … Putin does not plan to intervene ….”

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