Archive for Saturday, May 12, 2007
KPERS must divest Sudan connections
May 12, 2007
Advertisement
Gov. Kathleen Sebelius signed a law Friday ensuring that the Kansas Public Employees Retirement System won’t be investing in companies doing business in Sudan.
The measure is designed to pressure Sudan into ending violence in its Darfur region. The government has been blamed for atrocities in an ethnic conflict that has killed more than 200,000 people and displaced 2.5 million.
“The horrific genocide taking place in Sudan is well-documented, and we want to have nothing to do with companies that are doing business in that nation so long as its government does nothing to stop the killing,” Sebelius said.
Pension officials have said the system has about $38 million invested in companies with ties to Sudan, the largest amount being $16 million in PetroChina, a Chinese oil firm. The law allows KPERS to retain investments in passively managed funds in which the estimated cost of divestment would exceed a certain threshold.
Kansas University students were among those who lobbied for the bill this year.
Top ads RSS
Marketplace
Arts & Entertainment · Bars · Theatres · Restaurants · Coffeehouses · Libraries · Antiques · Services
- On the street: What do you think about McCain’s selection of Sarah Palin as his vice presidential running mate? August 30, 2008 · 5 comments
- Simons: Democratic Convention tough act for GOP to follow August 30, 2008 · 15 comments
- AP: McCain taps Alaska governor as VP running mate August 29, 2008 · 349 comments
- Report recommends Judges Malone and Martin be retained August 29, 2008 · 20 comments
- McCain’s VP choice seen as a gamble August 30, 2008 · 9 comments
- Depot future August 29, 2008 · 11 comments
- Weblog: Obama and McCain on Science August 29, 2008 · 11 comments
- Appellate court rejects case against liquor store owners August 30, 2008 · 4 comments
- Report on absenteeism infuriates federal workers August 30, 2008 · 1 comment
- Blog: Sixth and Wakarusa loses another business August 29, 2008 · 52 comments
- Gary Bedore’s KU basketball notebook August 30, 2008
- Precious medal August 29, 2008
- Weatherwax remembered as great friend, musician August 30, 2008
- KU School of Medicine-Wichita dean stepping down to teach August 29, 2008
- Keegan: Still no respect for KU August 30, 2008
- Grieving Hillary backers must regroup August 30, 2008
- Disco demolition promoter apologizes July 13, 2001
- 3 KU grads ranked as most powerful women August 30, 2008
- Self to value progress over results August 30, 2008
- Appellate court rejects case against liquor store owners August 30, 2008
Post a comment
Commenting requires registration.
Read our full use policy. Also, read about banned accounts and harassing comments.
Post a blog entry
You have to be logged in to blog on LJWorld.com. Please log in or sign up.
Learn more about blogging on LJWorld.com.