Saturday, October 28, 2006

Bildt Sells Russian Shares

Sweden’s foreign minister Carl Bildt has yielded to pressure from his critics and has sold the controversial shares he owned in the Russian Vostok Nafta concern, Dagens Nyheter reports. As soon as he redeems his options, which cannot happen before December, he will also sell those. The paper says that Bildt owns securities worth 20m kronor (USD 2,760,181) which makes him the richest member of Sweden’s government.

Sveriges Radio International has a report here (hat tip: Marius)

See also: Conflict of Interest
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