Thu, Aug 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

SWF: S/Court gives FG, states time for settlement

Posted on 26 September 2012

The Supreme Court, on Tuesday, gave the Federal Government and the 36 state governments more time to resolve the legal tussle which arose from the decision of the Federal Government to transfer the sum of $1 billion from the Excess Crude Account to the recently created Sovereign Wealth Fund.
The apex court consequently fixed November 22 for reports of settlement. The 36 states of the federation had, through their counsel, Adegboyega Awomolo SAN, instituted a suit challenging the legality of the Federal Government’s action………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14639 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031