“Calvi’s continued detention undermines efforts to create stability and transparency, which are necessary to attract new investments in the Russian economy and encourage healthy business interaction,” Ryan Novosti quotes Kalan.

She also noted that the US ambassador to Russia, John Huntsman, will find it difficult to participate in the St. Petersburg International Economic Forum, while Calvi is under arrest.

February 15 it became known about the detention of the founder of Baring Vostok, Michael Calvi and five others. They are suspected of embezzling 2.5 billion rubles. Later, the founder of Baring Vostok was charged with fraud.

Calvi sent under arrest until April 13.