Danish Pension Funds Caught Funneling Millions Into Foreign Arms Manufacturers | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Danish Pension Funds Caught Funneling Millions Into Foreign Arms Manufacturers

Danish pensioners' savings are indirectly involved in the supply of weapons to the UAE and Saudi Arabia – two countries heavily involved in the conflict in Yemen that the UN has designated as the worst current humanitarian crisis in the world.

Fifteen of Denmark's 16 largest pension funds have invested almost DKK 3 billion ($500 million) kroner in foreign weapons manufacturers supplying countries like Saudi Arabia and the UAE, a new report from Oxfam IBIS has revealed, accusing the pension funds of profiteering.

One of the 21 companies where Oxfam IBIS found Danish pension money is the US missile manufacturer Raytheon.

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