Feds vs. Bill Richardson and SIC

Bill Richardson

From businessweek.com - Federal prosecutors have asked a court to force Gov. Bill Richardson's office and the State Investment Council to provide documents for a continuing investigation of New Mexico investments. At issue is whether certain records are protected by executive or attorney-client privilege, which would shield them from disclosure to federal investigators, according to State Investment Officer Steve Moise. Moise revealed the dispute over documents during testimony to a legislative committee last week when a lawmaker asked whether the agency had finished providing materials subpoenaed by a federal grand jury and the Securities and Exchange Commission. Moise said the council, in its filing in a sealed court proceeding, did not take a position on whether the documents are covered by a legal privilege that makes them confidential and beyond the reach of prosecutors. More here

Feds vs. Bill Richardson and SIC