BREAKING NEWS

Russian court orders Baring Vostok executive Delpal be held in custody

MOSCOW, Feb 15 - A Russian court on Friday ordered Baring Vostok executive Phillipe Delpal, a French national, to be held in custody for one month and 30 days after he was detained on suspicion of embezzlement.

Delpal was one of several executives at private equity group Baring Vostok including Michael Calvey, a U.S. citizen, who were detained on Thursday.