Cindy McCain Sells Sudan-Related Investments

WASHINGTON — Cindy McCain, whose husband has been a critic of the violence in Sudan, sold off more than $2 million in mutual funds whose holdings include companies that do business in the African nation.
The sale on Wednesday 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.
McCain, who was campaigning in Ohio, said neither he nor his wife were aware of the Sudan-related holdings.
Last year, at least four presidential candidates divested themselves of similar holdings involving companies doing business in Sudan.
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.
"Those have been sold as of today," said McCain spokesman Brian Rogers. Both funds have holdings in Oil & Natural Gas Corp., an India-based company that does business in Sudan. The American Funds Capital World Growth & Income Fund also has holdings in Petrochina, a Chinese government-owned oil company with vast investments in Sudan.
Last year, in a speech on energy policy to the Center for Strategic and International Studies in Washington, McCain cited China's investments in Sudan as an example of regimes that survive off free-flowing petro dollars.

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