BusinessCompany NewsFormer Hollinger CFO faces extradition threat

Former Hollinger CFO faces extradition threat

Jack Boultbee, previously Conrad Black's CFO at Hollinger, faces extradition to US

Jack Boultbee, the former CFO of Hollinger International, is facing
extradition after failing to appear in a Chicago court to answer fraud charges.

It is alleged that Lord Black, who Boutltbee worked for, orchestrated a $32m
(£19m) fraud at the company, and that with the three other executives he
siphoned off $51.8m from the sale of company assets worth $2.1bn in 2000.
Hollinger was the former owner of the Daily Telegraph.

Boultbee was expected to appear in court yesterday morning with former
colleague Peter Atkinson, a Hollinger lawyer, The Times reports. He is
charged with six counts of fraud carrying a maximum sentence of 30 years.

Atkinson’s lawyer said his client would appear later today, at a hearing
scheduled to hear Black’s answer to his fraud charges. A man claiming to be
Boultbee’s lawyer, however, is believed to have left a message on the
prosecutor’s answering machine saying the former Hollinger executive would not
appear because of personal reasons.

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