  We investigate the formation of a locally naked singularity in the collapse
of radiation shells in an expanding Vaidya-deSitter background. This is
achieved by considering the behaviour of non-spacelike and radial geodesics
originating at the singularity. A specific condition is determined for the
existence of radially outgoing, null geodesics originating at the singularity
which, when this condition is satisfied, becomes locally naked. This condition
turns out to be the same as that in the collapse of radiation shells in an
asymptotically flat background. Therefore, we have, at least for the case
considered here, established that the asymptotic flatness of the spacetime is
not essential for the development of a locally naked singularity. Our result
then unequivocally supports the view that no special role be given to
asymptotic observers (or, for that matter, any set of observers) in the
formulation of the Cosmic Censorship Hypothesis.
