Kvaerner Pension Fund members furious at sale

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Indignant British members of the troubled Kvaerner Pension Fund have dubbed as “irrelevant” a rare public outburst by Norwegian industrial tycoon Kjell Inge RØkke in defence of his £1 ($1.8) sale of UK pension fund responsibilities.

Norwegian multi-billionaire Mr RØkke yesterday told Norwegian media that his move to offload the pension fund was both “morally and legally” above board.

Mr RØkke, who was convicted last month for bribing a Swedish official to gain...

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