25.10.2011 - Sovereign wealth fund: Govs drag FG to Supreme Court
The 36 state governors of the federation, on Monday, asked the Supreme Court to restrain the Federal Government from making any withdrawals from the Excess Crude Account pending the hearing and determination of a suit they filed in 2008. The governors also asked the apex court to order that all sums standing to the credit of the account styled the Excess Crude Account (or any account replacing same by any name howsoever), be paid into court or be otherwise secured as the court may deem fit, pending the hearing and determination of the substantive suit.............................................Full Article: Source
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