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Article: MLAs' pension scheme invested in cigarette firm
- Article from:
- Belfast Telegraph
- Article date:
- January 5, 2009
- Author:
CopyrightCopyright 2009 Belfast Telegraph. Provided by ProQuest LLC. (Hide copyright information)
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THE pension scheme for Assembly members has invested in one of
the world's largest cigarette companies, the Belfast Telegraph has
learned.
And the financial connection between Stormont and the
international tobacco trade was today being questioned by a leading
Northern Ireland health campaigner.
The link was disclosed in the annual accounts of the MLA pension
scheme for the financial year 2007/08. It provided details of how
outside financial advisers have invested money on behalf of the
Assembly pension fund.
The holdings included such big name companies as Vodafone,
GlaxoSmithKline, the Royal Bank of Scotland and British American
Tobacco, the accounts showed.
British American Tobacco ...