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Norway asked to divest from company linked to Malaysian official

2015-02-04 00:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Activists have petitioned the world's largest sovereign wealth fund to drop its investment in a company they say is linked to large-scale corruption in the Malaysian state of Sarawak. In a letter published this week, the Switzerland-based Bruno Manser Fund (BMF) and Norway-based FIVAS recommended that Norway's Government Pension Fund Global sell its $11 million stake in Cahya Mata Sarawak (CMS), a Sarawak-based infrastructure majority-owned by relatives of former Sarawak chief minister and current...

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