Tuesday, December 10, 2019

DT 8 / 2004

Arve Johnsen to withdraw from Board of NORFUND subsidiary

In June, the Chair of SN Power Invest Arve Johnsen will withdraw from the Board following severe criticism by the Norwegian Parliament based on a report by the Auditor General indicating conflict of interest.

SEK half a billion disbursed to foreign NGOs last year

Half of Sweden’s humanitarian assistance that was channelled through NGOs last year went via foreign players, Development Today’s review of Swedish emergency aid shows.

Danish investment funds may be further squeezed

The Danish government’s decision last year to withdraw equity capital of DKK 1.4 billion from the Danish International Investment Funds may only be the first step towards a further squeezing of the funds’ capital base. (See DT 7/04)