World Briefs: Norway's sovereign fund to sue VW

Norway's sovereign fund to sue VW

LONDON • Norway's sovereign wealth fund, the world's largest, is to sue German carmaker Volkswagen over an emissions-cheating scandal that has caused it huge losses.

Chief executive of the fund's manager Norges Bank Investment Management, Mr Peter Johnsen, said it had a responsibility to safeguard the fund's holding in Volkswagen, the Financial Times reported on Sunday.

AGENCE FRANCE-PRESSE


Tanzania axes 10,000 'ghost workers'

KAMPALA • Tanzania has removed more than 10,000 "ghost workers" from its public sector payroll after a nationwide audit found the fraud cost the government over US$2 million (S$2.7 million) a month.

With more non-existent workers expected to be revealed as the audit continues, Prime Minister Kassim Majaliwa said on Sunday the government will identify those behind the fraud and convict them.

REUTERS


Victim and shark taken to hospital

MIAMI • A woman in Florida was rushed to hospital after being bitten by a shark - with the whole animal still gripping her right arm.

The nurse shark, about 60cm long, was killed by a beachgoer and supported on a board by emergency workers, who took the woman, 23, to hospital for its removal and treatment on Sunday.

AGENCE FRANCE-PRESSE

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A version of this article appeared in the print edition of The Straits Times on May 17, 2016, with the headline World Briefs: Norway's sovereign fund to sue VW. Subscribe