Russia: opening of the trial of French banker Philippe Delpal
The French banker Philippe Delpal intends to prove his innocence during his trial which opens this Monday, December 28.
AP - Alexander Zemlianichenko
Text by: RFI Follow
2 min
This Monday, December 28 opens in Moscow the criminal trial of French banker Philippe Delpal.
Along with several other colleagues from the Baring Vostok investment fund, they face charges of embezzlement in a case that the defendants have always described as a trump card.
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With our correspondent in Moscow
,
Jean-Didier Revoin
After two years of an investigation which resulted in him being imprisoned for many months in Russian prisons, before benefiting from a
strict house arrest
, the French banker Philippe Delpal is counting on this trial to make the truth triumph.
With his co-defendants, the financial director of the investment fund
Baring Vostok
intends to demonstrate that he was
wrongly accused and imprisoned
in the context of a shareholder conflict with Artem Avetisyan.
With the approach of an arbitration in London which promises to be unfavorable, this Russian banker is suspected of having wanted to settle his criminal dispute through contacts in the force structures and within the judicial system, a practice often used in the Russian business world to get rid of a shareholder.
At the time, the case had important repercussions in economic circles because it was the first time that Western investors considered themselves victims of this practice.
It is now up to Philippe Delpal and the director of Baring Vostok, the American Michael Clavey, to demonstrate supporting evidence that they are not guilty of the facts with which they are accused.
This is at least the conviction of Philippe Delpal.
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