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Delpal, defendant in Baring Vostok case, placed under house arrest

Delpal was arrested&# 160; in&# 160; February 2019 together with&# 160; other employees of the foundation and founder – Michael Calvey

The Moscow City Court transferred from the pre-trial detention center to house arrest the Frenchman Philippe Delpal – the defendant in the case of the investment fund Baring Vostok. Reported by “Interfax”.

Delpal – partner of the fund for the financial sector industry of the Baring Vostok fund.Delpal, defendant in Baring Vostok case, placed under house arrest He was arrested in February 2019, along with other members of the foundation and founder Michael Calvey. All of them were arrested on suspicion of large-scale fraud.

Baring Vostok is one of the oldest and largest private equity funds operating in Russia.Delpal, defendant in Baring Vostok case, placed under house arrest It was founded 25 years ago and since its inception, it has raised more than almost $ 4 billion, investing in more than 80 projects in Russia. Among them are Yandex, Ozon, Vkusville, Etalon Group, Gett, Novomet, Vostochny Bank and others.

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