Summary
Norway's $1.1 trillion wealth fund can no longer invest in security services firm G4S because of the "unacceptable risk that the company contributes to, or is responsible, for serious or systematic human rights violations," the central bank said in a statement, sending the company's shares lower.
Many of G4S's employees in the two Gulf countries are migrant workers who paid recruitment fees to join the company, the council said.
G4S employs around 18,000 workers in the two countries, the ethics council said, quoting a letter it received from the company this year.
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