September 28, 2022

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Three million Britons allegedly live in combustible apartments

Three million Britons allegedly live in combustible apartments

Companies were involved in the development of Grenfell Tower in London, where 72 people died in 2017 in a fatal house fire.

“This disaster has resulted in at least three million tenants living in combustible apartments that they cannot sell.” It reads in parts of the letter, Which was sent to the head of the Oil Fund, Nikolai Tangin, on Friday.

They ask him, as a major shareholder, to lobby a total of 11 companies to fix security issues and provide compensation to the Grenfell fire victims.

It is reported that the Petroleum Fund is an investor in three companies that participated in the production of materials used in Grenfell Tower in London. BBC.

Clean job: Firefighters sprayed water on the apartment building, Grenfell Tower, which was completely damaged after a major fire broke out. Photo taken on June 16, 2017. Photo: REUTERS/Hannah McKay

If they do not succeed in putting pressure on the companies, the survivors of Norges Bank Investment Management (NBIM), which runs the Petroleum Fund, are asking to dispose of their holdings in the companies involved, as stated in the letter, reproduced by BBC.

The message was first mentioned by times.

On Monday, NBIM sent a response to survivors. The message was sent to TV 2, and here it says, among other things:

“We provide annual reports on our activities in a responsible investment report. However, we do not comment more continuously on ownership obligations or other investment-related information about the individual companies in which we invest,” NBIM writes.

Request stock withdrawal

The deadly fire that destroyed Grenfell Tower in 2017, killed 72 people. Fire is described as woeThe UK’s first crises the modern history.

Oil fund: The head of the oil fund, Nikolai Tangin, has been asked to take action after a UK fire scandal.  Photo: Håkon Mosvold Larsen / NTB

Oil fund: The head of the oil fund, Nikolai Tangin, has been asked to take action after a UK fire scandal. Photo: Håkon Mosvold Larsen / NTB

After the tragedy, flammable clothing and other fire safety errors were discovered in hundreds of apartment buildings across the UK.

Securing these homes will cost millions.

Among other things, the NBIM is required to withdraw the Petroleum Fund’s stakes in the companies involved, or pressure them to improve fire safety.

In NBIM’s response, they wrote that they have already raised security with several companies.

“We can confirm that we have raised the bar for product safety with many of the companies mentioned in your letter. This is a topic that we will continue to monitor,” NBIM wrote in its response.

Remember: Londoners held each other during a party, three years after the house fire.  Photo: Henry Nichols/Reuters

Remember: Londoners held each other during a party, three years after the house fire. Photo: Henry Nichols/Reuters

72 people died

On June 14, 2017, a fire broke out in the kitchen of an apartment in The fourth floor of a high-rise building. The tallest tower in North Kensington, London, has 23 floors.

Within minutes, the fire broke out outside the building and spread to all four sides of the building. Within two hours, most of the upper floors were in full swing.

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