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Why Conrad Black is in the dock
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Contributor | New Jerusalem |
Last Edited | New Jerusalem Mar 13, 2007 08:51pm |
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Category | Scandal |
Media | TV News - British Broadcasting Corporation BBC News |
News Date | Wednesday, March 14, 2007 02:00:00 AM UTC0:0 |
Description | Lord Black goes on trial on charges of fraud and racketeering, but is this a story of corporate excess or overzealous governance?
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Criminal charges
15 charges of fraud
one of obstruction of justice
one of racketeering
Federal prosecutors allege Lord Black
Fraudulently received non-compete fees from the sale of Hollinger International assets
Deprived the company of his honest services
Repeatedly benefited himself at the expense of the company and its public shareholders through the abuse of company perks |
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