Norway: ‘Chinese wife’ prices Central lender deputy governor his job

Norway: 'Chinese wife' costs Central bank deputy governor his job

On Friday, the Deputy Governor of the central bank of Norway, Jon Nicolaisen, tendered his resignation following his application for stability clearance was allegedly cancelled for possessing a Chinese wife. He has been overseeing Norway’s sovereign wealth fund of $1.2 trillion, in addition to having portion in setting monetary coverage of the region.

Nicolaisen stated that the Norwegian Civil Security Clearance Authority refused him a renewed safety clearance as his wife is Chinese. He added that he supports his wife monetarily, who stays in China. Informing about the enhancement, he stated, “the Norwegian Civil Stability Clearance Authority informs me that the purpose that I will not get a renewed safety clearance is that my wife is a Chinese citizen and resides in China, wherever I help her monetarily.

He even more included, “At the exact same time, they have determined that there are no situation pertaining to me individually that give increase to doubt about my suitability for obtaining a safety clearance, but that this does not have enough pounds. I have now had to take the consequences of this.”

Reportedly, his resignation will be productive right away but it is not very clear who would substitute Jon Nicolaisen as the Deputy Governor of the Central Financial institution of Norway. Governor Oeystein Olsen mentioned, “I will miss out on Jon Nicolaisen in his article as deputy governor, the place he done his obligations beautifully as a shut colleague and qualified qualified.”

Norway has rigid security clearance guidelines

The Chinese embassy in Oslo said that it was unaware of the progress. Norway has come to be stricter about the a long time in its security clearance plan and has manufactured it hard for people today married to men and women of other nationalities that do not have protection co-procedure with Norway. As per reports, Nicolaisen was initially appointed as deputy governor of the central financial institution in 2014, and afterwards re-appointed in April 2020.

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