Conrad Black To Be Arraigned

November 22, 2005

The former chairman of Hollinger International, Conrad Black, is expected in federal court in Chicago. Will he show up?

The former media tycoon was indicted last week for allegedly bilking $80 million dollars from Hollinger International, the company that owns the Chicago Sun-Times. Black ran that company until last year, when the board fired him and accused him of stealing $300 million dollars from shareholders.

Black's attorney, Edward Greenspan, issued a statement Nov. 17 saying Black is confident that he will be acquitted "if given a full and fair opportunity to defendant himself."

He's been a resident in Canada, the U-S, and is a British citizen.

U-S attorney Patrick Fitzgerald says if Black doesn't show up voluntarily, then prosecutors will try to have him extradited. Fitzgerald wouldn't speculate on how foreign courts might rule on those proceedings.