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Article: Bora Bora on company's dime; Controller: Half of Black's Pacific trip charged to Hollinger
- Article from:
- Chicago Sun-Times
- Article date:
- April 5, 2007
- Author:
CopyrightCopyright 2007 Chicago Sun-Times. (Hide copyright information)
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Conrad Black's 2001 trip to Bora Bora on a company jet was
outside of a company accountant's experience, so he had to ask the
press baron how to allocate the expense.
In a handwritten memo, Black advised controller Fred Creasey to
charge half the cost of the $565,326 (Canadian) trip to Hollinger
International, the former name of the company that owns the Chicago
Sun-Times, Creasey testified Wednesday in Black's fraud trial.
Creasey also said Black's company airplane expenses amounted to
about $7 million a year (Canadian currency).
The summer excursion, which used 23 flight hours, took Black and
his wife, Barbara Amiel Black, from the New York area to Bora Bora,
and then to see Wagner's ...