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Future CEO of Norway's oil fund used criticized Panama law firm

Nicolai Tangen, upcoming CEO of the Norwegian oil fund, has previously used the services of Mossack Fonseca, a law firm that has been highly criticized, the Norwegian press reports.

Photo: Carlos Jasso/Reuters/Ritzau Scanpix

Mossack Fonseca was at the center of tax haven cases in connection with the Panama papers scandal. Now it has been revealed that the upcoming head of Norway's oil fund has used the company's services, writes NTP.

The information was found by a website, "Klassekampen", and has been confirmed by Tangen himself. He says that for ten years, one of his firms used Mossack Fonseca for staff administration on his 115-foot luxury yacht, which is registered to a company in the UK but was previously owned by a company registered on known tax haven the Isle of Man.

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