Michael Calvey had received a five-and-a-half-year suspended sentence US private-equity investor Michael Calvey could not appear at a Moscow court hearing regarding his appeal of a fraud conviction, his lawyer, Larisa Kashtanova, told Interfax on Friday. Calvey’s French associate, Philippe Delpal, also failed to appear in court. His lawyer said the businessman had planned to attend the trial, but could not do so due to difficulties obtaining a visa in the current circumstances. The attorneys confirmed that their clients agreed to be tried in absentia. In 2021, Calvey, the former head of Baring Vostok, a $3.7-billi
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