Aug 16, 2013
By Jane Brown
Conrad Black has begun proceedings that could ultimately determine if he will be allowed to take positions in a publicly traded company. The Canadian legal proceeding is being handled by the Ontario Securities Commission, which has shared jurisdiction over the Hollinger newspaper business that Black once controlled.
Meantime, the U-S Securities and Exchange Commission has fined Conrad Black $4.1-million and barred him from ever becoming a director of a publicly-traded company. Black had appealed an original fine of 6.1 million dollars in the long-standing Hollinger case that saw Black serve a 37 month sentence in a US prison for fraud. Black continues to maintain his innocence.
Conrad Black is embarking on a new career in television. The controversial former media baron is the co-host of “The Zoomer”, a new program which will air this fall on our sister station, Vision TV.