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

Samling refutes Norway’s state pension fund claims

Posted on 25 August 2010

From Thestar.com.my: Sarawak-based Samling Global Ltd has refuted its former investor Norwegian Pension Fund’s (NPF) claims that the group had repeatedly breached regulations of its timber activities in Sarawak and Guyana, contributing to illegal logging and severe environmental damage.

A company spokesperson said that Samling Global was dissappointed with NPF’s public characterisation of the group, which was inaccurate and not based on complete information…………………………………….Full Article: Source

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VRS - who has written 16322 posts on Opalesque Sovereign Wealth Funds Briefing.


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