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TOTAL INFORMATION ANALYSIS

Total911.info::REVERE RADIO NETWORK::Total Info Radio

Saturday, November 19, 2005

Fitzgerald indicts Lord Black, other Hollinger execs

    Wayne Madsen points out, "Hollinger's board includes Richard Perle, 911 Commission member and former Illinois Governor Jim Thompson, and Henry Kissinger."

    From AP November 17:
    "CHICAGO (AP) -- Conrad Black, who once controlled the Hollinger International media empire, was charged with three other executives Thursday with looting millions of dollars from the company, cheating on taxes and dipping into corporate coffers to finance his lavish lifestyle.

    "What has gone on here is the grossest abuse by directors and insiders," U.S. Attorney Patrick J. Fitzgerald said in unveiling the 11-count indictment.

    An arrest warrant was issued for the 61-year-old Black, a former Canadian citizen who is now a member of the British House of Lords. Fitzgerald said that if he fails to appear before Judge Amy St. Eve to answer the charges the government will seek to have him extradited.

    Hollinger International Inc. owns the Chicago Sun-Times and other publications in the United States and Canada and formerly controlled the Daily Telegraph of London and the Jerusalem Post.

    The indictment charged that Hollinger International's $2.1 billion sale of several hundred U.S. and Canadian publishing properties was rife with fraud.
    [...]
    The indictment follows by two months former Sun-Times publisher David Radler's guilty plea to charges of taking part in a scheme to siphon off $32 million in proceeds from the sale of newspaper properties in the United States and Canada through bogus contracts with purchasers.

    Radler agreed to cooperate in the government's ongoing investigation.

    [Also charged:] Mark S. Kipnis, 58, of suburban Northbrook, who served as secretary to Hollinger International's board of directors when the board was approving some of the agreements.

    [...]
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.....| Posted at 09:40 | PERMA-LINK |