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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Kuwait finance minister says no dispute with Citi: report

Posted on 14 December 2009

From Reuters: Kuwait’s sale of its stake in Citigroup earlier this month was not due to a dispute with the U.S. bank, the Gulf Arab state’s finance minister said in published remarks on Sunday.

Mustapha al-Shamali told al-Rai newspaper that there is no dispute between the country’s sovereign wealth fund the Kuwait Investment Authority (KIA) and Citigroup……………………………….Full Article: Source

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