Michael Calvey, along with a group of his business associates, has been released from house arrest following a court decision, on Thursday. Their trial has also been moved to Moscow from the remote Far Eastern Blagoveshchensk.
The American businessman, together with several other people, was arrested in February 2019 on suspicion of embezzling 2.5 billion rubles ($36 million) from Russia’s Vostochny Bank. He and the other suspects have consistently insisted that the case is fabricated.
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