Conrad Black To Be Arraigned

Conrad Black To Be Arraigned

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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.