White collar investigations in Russia & CIS countries are undertaken much more often today by corporate entities which compelled to respond to the different sort of allegations. Internal investigation is a necessary prerequisite to uncover the facts, maintain management integrity and fulfill obligations to shareholders.
If a company undertakes an internal investigation, it can conduct the investigation in-house through its internal auditor or compliance expert. This is generally the most cost-effective approach in the short term but the most risky. It runs the risk that tasked with investigating itself, the company will lack a sufficient objectivity. Or it may not have enough experience to adequately protect itself in the investigative process. If an outside consultant heads up the effort and the analysis, the advice of that consultant may be more comprehensive and objective. Our internal investigation and white collar investigations in Russia might focus, as for example, on: