Former Hollinger CFO faces extradition threat

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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