Sarawak in talks with Norway to form sovereign fund, says Abang Johari


Ah, another 1MDB, which used to be a Terengganu sovereign fund. Book those URLs now, ladies.

Dateline 2022-05-13, The Edge:

Sarawak will engage seriously with Norway in an earnest effort towards the successful formation and management of its own sovereign wealth fund, Sarawak Premier Tan Sri Abang Johari Tun Openg said.

Given the widely acclaimed success of Norway’s sovereign wealth fund that had been managed with the highest standard of governance since its inception in 1996, it is a standard Sarawak needs to benchmark on, he pointed out.

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This entry was posted on Friday, July 8th, 2022 at 6:22 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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