Wednesday, May 14, 2008

McCain's wife sells Sudan-related investments

WASHINGTON - Cindy McCain, whose husband has been a critic of the violence in Sudan, is selling off more than $2 million in mutual funds whose holdings include companies that do business in the African nation.

The sale came after The Associated Press questioned the investments in light of calls by John McCain, the likely Republican presidential nominee, for international financial sanctions against the Sudanese leadership.

According to McCain's personal financial disclosure, Cindy McCain's investments include two mutual funds - American Funds Europacific Growth fund and American Funds Capital World Growth and Income fund - that are listed by the Sudan Divestment Task Force as targets for divestment.

McCain spokesman Brian Rogers said, "Those have been sold as of today."

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