US govt to announce development in WorldCom CFO case

A significant development in the US government's criminal case against former WorldCom Inc chief financial officer Scott Sullivan is likely to be announced in the next few hours, according to sources close to the case.

The exact details of an expected announcement anytime after midday today remain unclear, but could involve an indictment of Sullivan on fraud and conspiracy charges related to his time as WorldCom's CFO, the source said.