State Officials Continue To Ignore Requests Related To Investment Funds

In March 2022, KXNews partnered with the North Dakota Watchdog Network to request an Attorney General's Opinion regarding state investment funds. That request was never responded to or acknowledged.

Earlier this week, some candidates for elected office in North Dakota joined a long bandwagon of people and organizations seeking information from state officials regarding investment funds:

Democratic-NPL candidate for lieutenant governor Patrick Hart criticized current Lt. Gov. Tammy Miller's oversight of North Dakota's Legacy Fund at a rally on Tuesday, May 21, saying she is coming up short on transparency.

Miller, who also is a candidate for the Republican nomination to run for North Dakota governor, chairs the State Investment Board. In recent years, the Legacy Fund oil tax savings account — which has a balance of $10.5 billion — has been a subject of much debate, and that discussion has intensified in recent months amid state responses to records requests for breakdowns in investments that lump some investments together in opaque categories such as "emerging markets."

"Despite an open records request, we don't know where that money is going," Hart said. "Meanwhile, we do know almos…