CEO of Norway’s wealth fund faces probe after luxury jet use

The departing CEO of Norway's sovereign wealth fund is coming under investigation for possible misconduct in connection with accepting unauthorized luxury jet travel and a private concert with the pop musician Sting.

Incoming CEO of Norway's sovereign wealth fund Nicolai Tangen (large screen) paid travel costs for the fund's current chief, Yngve Slyngstad (podium). | Photo: Ntb Scanpix/Reuters/Ritzau Scanpix/via REUTERS / X02351

BY JONAS CHO WALSGARD, BLOOMBERG NEWS

The outgoing chief executive of Norway’s sovereign wealth fund, the world’s biggest, faces a probe after accepting a trip that may have strayed from compliance rules.

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