The Nauru Phosphate Royalties Trust (NPRT) was a sovereign wealth fund developed by the government of the Republic of Nauru in which the government invested money from the state-owned mining company, Nauru Phosphate Corporation. This money was then re-invested in a real estate portfolio, among other things, to provide the government with a reliable national income following the depletion of minable phosphates on the island. Although at one time successful, mismanagement and corruption later essentially bankrupted the fund, thus virtually bankrupting the entire Republic.
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| - Nauru Phosphate Royalties Trust (de)
- Nauru Phosphate Royalties Trust (en)
- Truste dos royalties de fosfato de Nauru (pt)
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| - Der Nauru Phosphate Royalties Trust (NPRT) (Nauruische Phosphatgewinnverwaltung) ist eine nauruische , welche 1968 gegründet wurde, um den großen Gewinn des Phosphatabbaus auf Nauru zu verwalten. Der Eigentümer der NPRT ist die nauruische Regierung. Vorsitzender des NPRT war von 2004 bis 2007 (36), Mitglied des nauruischen Parlaments. Im Dezember 2007 übernahm der neue Staatspräsident Marcus Stephen das für den NPRT zuständige Ministerium. (de)
- The Nauru Phosphate Royalties Trust (NPRT) was a sovereign wealth fund developed by the government of the Republic of Nauru in which the government invested money from the state-owned mining company, Nauru Phosphate Corporation. This money was then re-invested in a real estate portfolio, among other things, to provide the government with a reliable national income following the depletion of minable phosphates on the island. Although at one time successful, mismanagement and corruption later essentially bankrupted the fund, thus virtually bankrupting the entire Republic. (en)
- O truste dos royalties de fosfato de Nauru (NPRT) é um fundo soberano desenvolvido pelo governo da República de Nauru, no qual o governo investiu os lucros da empresa de mineração estatal Corporação de Fosfato de Nauru. Esse dinheiro foi reinvestido em um portfólio imobiliário, entre outras coisas, para fornecer ao governo uma renda nacional confiável após o esgotamento de fosfatos mineráveis na ilha. Embora, ao mesmo tempo, tenha sido bem-sucedida, a má administração e a corrupção acabaram por levar à falência o fundo, praticamente levando à falência toda a República. (pt)
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| - Der Nauru Phosphate Royalties Trust (NPRT) (Nauruische Phosphatgewinnverwaltung) ist eine nauruische , welche 1968 gegründet wurde, um den großen Gewinn des Phosphatabbaus auf Nauru zu verwalten. Der Eigentümer der NPRT ist die nauruische Regierung. Vorsitzender des NPRT war von 2004 bis 2007 (36), Mitglied des nauruischen Parlaments. Im Dezember 2007 übernahm der neue Staatspräsident Marcus Stephen das für den NPRT zuständige Ministerium. (de)
- The Nauru Phosphate Royalties Trust (NPRT) was a sovereign wealth fund developed by the government of the Republic of Nauru in which the government invested money from the state-owned mining company, Nauru Phosphate Corporation. This money was then re-invested in a real estate portfolio, among other things, to provide the government with a reliable national income following the depletion of minable phosphates on the island. Although at one time successful, mismanagement and corruption later essentially bankrupted the fund, thus virtually bankrupting the entire Republic. Responsibility for the Trust rests with the Ministry for the Nauru Phosphate Royalties Trust, a Cabinet position. At present, the office is exercised by the Nauruan Minister of Telecommunications Shadlog Bernicke. (en)
- O truste dos royalties de fosfato de Nauru (NPRT) é um fundo soberano desenvolvido pelo governo da República de Nauru, no qual o governo investiu os lucros da empresa de mineração estatal Corporação de Fosfato de Nauru. Esse dinheiro foi reinvestido em um portfólio imobiliário, entre outras coisas, para fornecer ao governo uma renda nacional confiável após o esgotamento de fosfatos mineráveis na ilha. Embora, ao mesmo tempo, tenha sido bem-sucedida, a má administração e a corrupção acabaram por levar à falência o fundo, praticamente levando à falência toda a República. A responsabilidade pelo truste é do Ministério do Truste dos Royalties de Fosfato de Nauru, um cargo do gabinete executivo nauruano. Atualmente, o escritório é dirigio pelo Ministro de Telecomunicações de Nauru, Shadlog Bernicke. (pt)
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