The decision of the Moscow Court of Moscow in the case of the founder of the Baring Vostok Foundation of American Michael Kalvi spoiled the investment climate in Russia, and the fact that his feasurants received a suspended period, the situation does not change. Such consequences of the verdict called the representative of the US Embassy, RIA Novosti reports.
According to him, the very fact of criminalization of commercial disputes will cause concerns from foreign investors who would like to invest in Russian enterprises.
Similarly appreciated the verdict of the court Ambassador of the European Union in Russia Marcus Ederor. He stressed that a business climate in the country is a sensitive blow, because commercial disputes are not a place in the criminal court. The diplomat also suggested that the defendants were supposed to feel as if Franz Kafka “Process” were found in the novel.
Calvi will receive five and a half years conditionally, a citizen of France Philip Delta – 4.5 years, Wagan Abgaryan – 4.5 years, Ivan Zyuzin – 5 years, Maxim Vladimirov – 4 years, Alexey Cordichev – 3.5 years, Alexander Tsakunov – 4 years.
the American investor himself called the verdict with an insult, since he was condemned for a crime that was not. He recalled that in the case there were no victims, no damage, but the benefit as a result of the transaction, for which he was condemned, was the Bank “East”, the interests of which allegedly defended the investigation.
Baring Vostok founder stressed that the judge literally repeatedly repeated last year’s text of the prosecutor, and that word for the word was repeated the word prosecution. All the arguments and proofs of protection were completely ignored.
in the Kremlin believes that Calvi’s case will not affect the investment climate in Russia, since it is much more important for him that the government takes place.
In the meantime on Thursday, August 5, after information that the sentence in the Baring Vostok case will be accusing, the Minister of Economy Maxim Reshetnikov said that he did not understand what prevents the business to invest in domestic projects. He posted that the initiatives from investors are not visible.