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The employment of Nicolai Tangen is now at risk, and Governor Øystein Olsen must explain himself at an extraordinary meeting of the Norges Bank Supervisory Board. Several problems are intertwined in this complex: the past and future management of Tang’s billion assets, the extensive use of tax havens of the AKO system, the employment management of the Norges Bank and the Tang luxury seminar as a meeting point for key parts of the Norwegian elite.
In sum it is This is a classic example of the elite who live in bubbles and how they like to rise above the norms, rules and laws that apply to everyone. This applies not only to those who bathe in money, but also to others who have different forms of social power. Elites know each other, often come from the same area, have studied together, or share friends. They are found in many types of sands, but otherwise they live quite separate lives. Norway’s Tang guest list confirms this type of link: government attorney Fredrik Sejersted (Tang’s forerunner and vice versa), deputy director of the Yngve Slyngstad Petroleum Fund, Labor Minister Torbjørn Røe Isaksen, Schibsted, Rolv Erik Ryssdal and Kristin Skogen-Lf, NUP, UN Ambassador Mona Juul and philosopher Henrik Syse. To name a few.
Several of these He has subsequently endorsed, regretted, and paid part of Tangen’s expenses. Not Henrik Syse, the most ethically trained in the assembly. He is a member of the Nobel Committee and was previously a member of both the Ethics Council of the Petroleum Fund and the academic committee of the Press. According to Syses’ statements at Dagsnytt, eighteen, his ethical warning lights come before others. However, he did not discover anything luxurious or secret at the seminar, the most expensive plane ride in the world, entertainment or catering. You forgot, or simply failed, to mention that you are on the board of several Tangen companies and receive fees for this. Syse, on the other hand, emphasized how good it is for the resourceful parts of his wealth. In this case with 140 people who hardly suffer anguish. Being the main ethic of capital is not easy.
The most important However, this case is related to the management and evaluation of Tangen’s employment by Norges Bank. Here questions arise that must be answered, elaborated or questioned. These include:
- Why does central bank governor Øystein Olsen so easily take Nicolai Tang’s relationship with tax havens? It is content to acknowledge that “there are challenges and aspects of this type of location and jurisdiction that may be questionable.” It is weak when Norway loses around NOK 10 billion in tax revenue each year due to tax havens.
- Why does the Norges Bank Executive Board think it is okay for Tangen to have ownership interests in AKO after being hired? Attentionally with free management that has an annual value of NOK 50 – 100 million, according to Dagens Næringsliv. As head of the Petroleum Fund, according to a Norges Bank press release, Tangen should also be able to carry out “own operations on financial instruments”. Is it okay to buy from the store, although transactions must be approved by the bank’s legal director?
- According to various legal experts, Norges Bank violated Public Law when it did not publish the updated list of applicants by the name of Nicolai Tang. This is only the final step in a process with a wide range of conditions that have not been adequately clarified.
Many right-wingers now complain about Tangen’s “persecution”. They believe that man’s qualities and personal competence must be superior to formalities and rules. It is part of a tradition that states that “the greats” among us should receive different and freer conditions than the general public. Otherwise, we will lose your contribution. Such arguments are not valid in this case. The head of the oil fund will manage the Norwegians’ collective savings bank. It is a position where the general requirement is public trust. The question arises: Does Nicolai Tangen have the necessary confidence?
Leader
Do you want to argue?
