Calvi review changes valuation of controversial IFTG shares

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A new financial examination in the case of Baring Vostok, prepared at the request of the investigation, found that the value of shares of the companies International Financial Technology Group (IFTG), transferred to the bank “Eastern” in the account of repayment of the loan, is 3.8 billion rubles ., not 600,000 rubles, as previously believed by the investigation, TOP-NEWS reports citing a source close to the investigation. According to him, the new examination confirms the position of the defense that there was no crime in the actions of Baring Vostok founder Michael Calvi and other defendants in the case.

“Previously, investigators started from the estimate of 600,000 rubles. and build their accusation on the basis of this,” the source said.

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