Alaska Permanent Fund leaders vote to hire law firm to investigate leaker and themselves

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A third-party investigator will examine six years’ worth of contacts between staff and the board of trustees.

The trustees of the Alaska Permanent Fund Corp. are seen during a quarterly meeting on Friday, Feb. 16, 2024.

Jeff Landfield, owner of the Alaska Landmine and author of the article that publicized the emails, said he thinks the Permanent Fund’s approach misses the mark.“I think they should be looking at the content of the allegations more than looking for the source of the leak,” Landfield said on Friday, after the vote.

Speaking before Thursday’s vote, Trustee Adam Crum, also commissioner of the Alaska Department of Revenue, said the Permanent Fund board has “to find a way to grow back into a high-trust environment. And right now, we’re not quite there.” Speaking Friday, Crum said it’s important for trustees to understand how the emails were leaked because staff handle billions of dollars’ worth of financial transactions.Board chair Ethan Schutt said the law firm — which one has not yet been decided — will take an “independent look at both the substance of the internal emails as well as how they possibly got out of the corporation.”

 

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