The nation’s sovereign wealth fund says it has asked for more information on the conduct of Mineral Resources managing director Chris Ellison after the mining group found he had enriched himself at the company’s expense.
Future Fund chief executive Raphael Arndt said he had raised the issue with the agency’s investment managers – it has an $88 million stake in MinRes – and requested they “engage with the company board on it”.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com