Conrad Black told to explain finances
Questions asked over true state of finances
US district judge Amy St. Eve has demanded that lawyers representing former
press baron Conrad Black provide a fuller account of his financial circumstances
ahead of his March 2007 trial on fraud, racketeering and other charges.
St. Eve demanded a list of Black’s assets and income, signed by him after a
document accounting for his finances revealed that was currently meeting monthly
expenses of $200,000 (£108,000) without having an income, Reuters reported.
Black is currently free on a $20m (£11m) bond.
Black, who was born in Canada, is a member of the House of Lords and is
accused along with other former executives of looting Chicago-based newspaper
publisher Hollinger International Inc., and with exploiting company perks.