Fri, Aug 29, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Excess Crude Account: States ask supreme court to hear case

Posted on 23 November 2012

States Thursday told the Supreme Court that they have lost confidence in the ability of the Federal Government to reach an amicable settlement with them on the dispute over illegal spending of the funds in the Excess Crude Account and other revenues which ought to be shared among the three tiers of government.
They are therefore calling on the Supreme Court to proceed with definite hearing of the case. Chief Adegboyega Awomolo, SAN who represented the states told the court that his clients wanted the case decided on the merit since the parties had not been able to come up with am amicable settlement………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 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