Legislators investigate firing of Permanent Fund director

JUNEAU (AP) — A state legislative committee is hiring a law firm to investigate the controversial firing of the head of the Alaska Permanent Fund Corp.

Angela Rodell was fired by the corporation board in December, after the $82 billion savings account had recorded its best year ever for investment returns.

Rodell, who had been the corporation’s CEO since late 2015, has said she believes her firing was “political retribution” for advocating against exceeding draw limits set on the earnings of the Permanent Fund. The governor the past couple of years has promoted his plan to withdraw additional...

 

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