Norwegian oil fund attacks VW corporate governance – FT.com

Norway’s $850bn oil fund does not like commenting about individual companies it owns shares in. It usually goes out of its way to avoid saying anything about any of its more than 9,000 investments. But Volkswagen is starting to become the exception that proves the rule. The world’s largest sovereign wealth fund has become increasingly open in its distaste for the German carmaker, culminating in it confirming to the Financial Times that it would take legal action against VW over its emissions scandal. 

Source: Norwegian oil fund attacks VW corporate governance – FT.com

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