Politics

Terri Lynn Land Sells Mutual Fund Shares With Ties to Oil Firm and Iran

September 24, 2014, 7:13 AM

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Terri Lynn Land

Public relations ploy or pure act of consciousness?

You be the judge.

Chad Livengood of the Detroit News writes that Republican U.S. Senate candidate Terri Lynn Land has sold her shares in a mutual fund that invests in an oil company she has criticized Democratic opponent Gary Peters for owning direct stock in, a campaign spokeswoman said Tuesday.

The News reports that Land divested herself of a Wells Fargo mutual fund that holds stock in Total SA because the French oil company's past bribes of Iranian officials to gain access to Iran's oil fields, Land spokeswoman Heather Swift said.

"Terri Lynn Land divested from a mutual fund after she learned about Total SA's ties to Iran," Swift says in an email to The Detroit News.

It's hard to believe Land would take such steps if she wasn't running for Senate and attacking Rep. Peters' investments.

-- Allan Lengel


Read more:  The Detroit News


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