Judge increases Lord Black's bail

10 August 2006

A US judge has increased media tycoon Lord Conrad Black's bail bond by $1m (£528,000) to $21m.

The move resolves a dispute over Lord Black's finances, amid claims of discrepancies in the declared health of his wealth.

Lord Black is set to go on trial in the US next year to face charges of fraud and racketeering.

Lord Black, 61, denies allegations he helped divert almost $84m (£49m) from media group Hollinger International.

The company owns the Chicago Sun-Times and other newspapers, and used to own the Telegraph Group in the UK.

When charged last year, Lord Black put forward his mansion in Palm Beach in Florida to cover part of his bond.

http://news.bbc.co.uk/2/hi/business/4781957.stm

Come on Conrad cough it up. We know you've got a least a few million safely stashed away for a rainy day.

Wonder why he couldn't get Karl Rove? Or was it planned that way?

with the Plame investigation, even though Rove has done his best to make everyone believe that.

When he has something, he will call a press conference.