Governing party criticizes Statoil's shareholder dividends
At a time when Statoil is laying off 5,000 employees, the company should not be paying dividends to shareholders, including the Norwegian state, say two top politicians in the Norwegian government's ruling party according to Dagens Næringsliv. Statoil shares slide again.
BY OLE ANDERSEN
Top politicians in Norway's governing party Høyre (The Conservative Party of Norway) are now criticizing management at the country's state-owned oil company Statoil for maintaining its shareholder dividends at a time when the company is also laying off 5,000 employees, reports Norwegian business daily Dagens Næringsliv.
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