abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

14 Jun 2007

Author:
AP

US Connecticut pension to divest $11 mln from company linked to Sudan

Connecticut’s pension fund will sell its holdings in…[China Petroleum and Chemical Corp. (Sinopec), which do] business in…Sudan…State Treasurer Denise Nappier said…"The bottom line has been, and continues to be, to get the best possible investment return that money can buy without bloodshed"…Nappier is also prohibiting direct investment in five other companies that have been accused of providing provide monetary and military support to the Sudanese government. The companies are: Bharat Heavy Electricals, Nam Fatt [joint venture Petronas, Land & General, Mitsui], Oil & Natural Gas Co., PECD Group and Sudan Telecom Co.