Financial Times FT.com

US set to tighten scrutiny of Russian investment

By Stephanie Kirchgaessner in Washington

Published: August 23 2008 03:00 | Last updated: August 23 2008 03:00

Investments by Russian companies and sovereign wealth funds into the US are likely to face tougher scrutiny in Washington in the wake of the country's conflict with Georgia, experts predict.

While billions of dollars in US investment by Russian companies have so far sparked little controversy in the US Congress, Moscow's military action against its neighbour is expected to heighten concerns on Capitol Hill about Kremlin ties to Russian companies and its potential influence on US investments.

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