(KNOX) – The $13 billion North Dakota Legacy Fund has money invested in places that North Dakotans cannot find out about.
That practice is okay, following a ruling by Attorney General Drew Wrigley.
Wrigley issued the opinion after the Retirement and Investment Office, a branch of the State Investment Board, refused to divulge the information. The refusal was claimed to be illegal by those that sought the information.
The fund previously was forced to divest from funds associated with China and Russia.
Wrigley wrote that the information at question is privileged.
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