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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Russian billionaire Lebedev warns Germany against investments by SWFs

Posted on 18 August 2008

From CNBC.com: Russian billionaire Alexander Lebedev, who is seeking to buy tour operator Oeger Tours, has warned Germany against investments by Russian sovereign wealth funds because of corruption he says exists in the country’s bureaucracy. In an interview with Welt am Sonntag, Lebedev also expressed sympathy with the German government’s aim to control investments by sovereign wealth funds in industries that affect its national security… Full article: Source


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