More NewsHollinger auditor faces the heat

Hollinger auditor faces the heat

Former Hollinger International auditor, Marilyn Stitt, in the stand at Conrad Black trial

Marilyn Stitt, independent auditor of Hollinger International, said she was
‘surprised’ when senior executives at the company, owned by Conrad Black, pushed
her to avoid disclosure of a $3.2bn (£1.6bn) deal with CanWest Global
Communications.

Taking the stand in the Conrad Black trial, the KPMG accountant told the
court that she’d had arguments with Hollinger’s then chief financial officer
Jack Boultbee over the issue. Stitt said the payments were material
related-party transactions.

Further reading:

www.businessweek.com/ap/financialnews/D8OMKRS81.htm

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