Jeffrey Galmond

Who is Jeffrey Galmond?

Jeffrey Peter Galmond is a Danish Supreme Court lawyer and businessman. He is the owner of the law firm J. P. Galmond & Co. He owned large portions of the holding companies that owned the Russian mobile telecommunications operator Megafon. One of these portions was contested. Galmond had been accused of not being the true owner of the Russian assets, but of acting as a front to Russian minister of telecommunications Leonid Reiman. These claims were vigorously denied by Galmond.

Galmond's disputed share in Megafon was held by Alfa Group, the company fronted by Russian Oligarch Mikhail Fridman. Alfa Group was at the centre of many disputes involving disputed ownership of telecommunitions operations. These companies included Telenor, Teliasonera, Turkcell and others. IPOC even launched a RICO suit in the United States against Alfa Group and its associates.

In February 2007, Galmond was accused by the Bermuda Minister of Finance, Paula Cox of minor infringements of local business requirements. She asked the supreme court to wind up IPOC International Growth Fund, a company owned by Galmond, along with several other companies associated with Galmond.