March 10, 2022 - 7:19am | By Kyle Cornell
(Bismarck, ND) --The North Dakota State Investment Board is continuing to cut financial ties with Russia.
Governor Doug Burgum says the overall value of the state investments is nine million dollars after a 25 million dollar drop tied to Russian securities. The 12-member board voted last week to divest public money with Russian ties.
The state Retirement and Investment Office responsible for the divestment is expected to update the board about progress later this month.