Vostochny Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Convictions of Baring Vostok executives
In August 2021, a court found Baring Vostok executives guilty in the Vostochny-related case and imposed suspended sentences.
2019
Alleged misappropriation of bank funds
Baring Vostok founder Michael Calvey and other executives were prosecuted in a case involving alleged misappropriation of 2.5 billion Russian rubles from Vostochny Bank. The case developed alongside, but was publicly described by the involved parties as separate from, the shareholder arbitration dispute.