Conrad Black to stand down

Hollinger International chief Conrad Black, owner of the Daily Telegraph, agreed to resign today after admitting he and other executives had received unauthorised secret payments amounting to £19m (€27.19m).

Conrad Black to stand down
Mon, 17 Nov, 2003 - 12:49

Hollinger International chief Conrad Black, owner of the Daily Telegraph, agreed to resign today after admitting he and other executives had received unauthorised secret payments amounting to £19m (€27.19m).

Lord Black also indicated he may be willing to sell the newspaper group.

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