's top lawyer has threatened legal action against the Nation Association of Attorneys General over environmental, social and governance investments that it's claimed have lost tens of millions of dollars. Austin Knudsen, Montana Attorney General, wrote to NAAG executive director Brian Kane on Wednesday and alleged it lost '$37 million or more last year on a coterie of esoteric investments in private equity and foreign stocks'.He also accuses the organization of spending cash on 'trips to Europe for member AG's and their families' and says it is 'acting like an unaccountable slush fund'.
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