Michael Calvey's final word in Court. 19 June 2021
I would like to begin by stating simply that the evidence that the prosecution presented to the court and that was examined during the trial not only does not incriminate me in any crime, but confirms my innocence and the innocence of my colleagues. I will address just a few of the key facts in the case: Regarding the loan issued by the Bank in December 2015 to NJSC PKB (hereinafter “PKB”), which the prosecution considers to be “embezzlement” I don’t understand how this loan can be classified as “embezzlement” from the Bank when 100% of the borrowed funds were used to repay liabilities owed to...