Michael Calvey, the US-born financier who founded one of the largest private equity investment firms in Russia, has insisted he is innocent after a Moscow court found him guilty of embezzling funds. He will be sentenced on Friday. Both the judge and the prosecutor have “simply repeated the phrases and arguments from the December 2019 preliminary accusation, ignoring hundreds of documents, testimonies and expert witnesses presented during the trial over the last 7 months,” Calvey said outside the Meshchansky Court in Moscow on Thursday evening. “But it’s not over yet. I hope tomorrow the judge will address the real facts – hope dies la
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