facebook
twitter
rss
account
search
search
 

Lord Black says he is innocent of fraud

Nov. 18, 2005 at 10:23 AM   |   Comments

LONDON, Nov. 18 (UPI) -- Canadian-born Conrad Black, indicted in a U.S. fraud case, is professing his innocence.

Black built the Chicago-based Hollinger International Inc. newspaper group, former owner of such noted dailies as the Chicago Sun-Times, the Jerusalem Post and the Daily Telegraph, the last two of which have since been sold.

Federal prosecutors in Chicago Thursday issued an arrest warrant for Black, who became a British citizen and then a member of the House of Lords, and several associates for allegedly diverting $83.8 million of Hollinger International shareholders' money into their own pockets.

"Conrad Black asserts his innocence without qualification with respect to each and every one of the charges set forth in the indictment," Black's lawyer said in London. "It will be shown that he has, at all times, acted within the law. He is confident, if given a full and fair opportunity to defend himself, he will be found innocent."

Black already faced civil charges in the case from U.S. regulators.

Topics: Conrad Black
© 2005 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Report: Billionaires are hoarding mountains of cash
2
Canada decides to retire two guided missile destroyers Canada decides to retire two guided missile destroyers
3
XXL Magazine to end print edition after 17 years XXL Magazine to end print edition after 17 years
4
Poland, Pakistan, Lebanon seek U.S. military hardware Poland, Pakistan, Lebanon seek U.S. military hardware
5
Australia moving ahead with own counter-IED capabilities Australia moving ahead with own counter-IED capabilities
Trending News
Video
x
Feedback