Gov. Mike Dunleavy has joined calls from a bipartisan group of legislators for the state of Alaska to divest from Russia, calling for a wide range of actions against Russia and to welcome Ukrainian refugees after they’ve been vetted.
The Moscow Stock Exchange has been closed and trading has been limited since Russia’s invasion of Ukraine. The value of some Russian securities have plummeted to a tenth of their normal value.
Sen. Bill Wielechowski, D-Anchorage, said the governor’s response is “toothless” and Dunleavy could do more to compel the Alaska Retirement Management Board to divest. Wielechowski’s office has been compiling a list of Russian companies the Permanent Fund invests in with ties to prominent Russian oligarchs and those that may run afoul of U.S. sanctions.
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