SPSS Russian Investments
- Submitted by: Ross Greer, West Scotland, Scottish Green Party.
- Date lodged: Thursday, 03 March 2022
- Motion reference: S6M-03378
That the Parliament notes with disappointment reports that the Scottish Parliamentary Pension Fund has holdings of £299,571 in Russian state-owned Sberbank, the largest financial institution in Russia; welcomes President Biden’s decision to cut Sberbank off from the US financial system, and calls for the UK Government to urgently consider similar actions; believes that all reasonable measures should be taken against the Russian state and its associates until all Russian forces withdraw from Ukraine, and urges the trustees of the Scottish Parliament Pension Fund to immediately divest any holdings in Sberbank and to review all current fund investments to ensure compatibility with Scotland’s commitment to be a rights-respecting nation.
Supported by:
Karen Adam, Siobhian Brown, Ariane Burgess, Maggie Chapman, Natalie Don, Bob Doris, James Dornan, Kenneth Gibson, Bill Kidd, Monica Lennon, Gillian Mackay, Ruth Maguire, John Mason, Stuart McMillan, Mark Ruskell, Paul Sweeney, Mercedes Villalba