Tuesday, September 5, 2006
According to press reports, an Ontario judge has ordered that Conrad Black and his wife must now allow supervision of their finances by the courts and can only spend $25,000 Canadian each per month. Mr. Justice Colin Campbell has also frozen all of Lord Black's assets around the world. The U. S. government has charged Black with fraud and racketeering while he controlled Hollinger International, a media empire based in the U. S. The Canadian-based Hollinger Inc. is suing Black for $700 million. Black's trial, to be held in Chicago, begins in March of 2007. Read more here and here.