Regulatory snafu or poltitical payback - either way the result is a headache for the world's largest corporate investigative firm. Kroll is under investigation in Russia for alledgedly operating without a license. While the company has declined to comment on the accusations and the ongoing investigation (the company has maintained a Moscow office for more than ten years), some have speculated that the companies ties with Russian telecom magnate, Mikhail Friedman have led to the the firm being targeted for reprisals. Friedman, who heads the Afa Group, has been involved in a contentious legal battle over the Alfa Groups's holdings in the telecom group Megafon, reportedly hired Kroll to investigate Russia's telecom minister. Just the kind of thing that can get you on the wrong side the the state beaurocracy, it would seem.

More here, from The Times Online.

-- MDT

Labels: Kroll