Norway’s SWF leadership caught up in expenses scandal

Yngve Slyngstad
Yngve Slyngstad, Norges Bank Investment Management’s current chief executive
Photo: André Clemetsen/Norges Bank/Flickr

The leadership of Norway’s $1 trillion sovereign wealth fund is involved in an expenses scandal affecting both the incoming and incumbent chief executives.

Over the weekend, the fund’s current head, Yngve Slyngstad, acknowledged he accepted a private flight from Philadelphia to Oslo in November 2019 paid for by the man who would later be appointed his successor, Nicolai Tangen. In the US, Slyngstad had attended a seminar organised by Tangen at the Wharton Business School.

Today (April 20)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account