Conrad Black gets bail in fraud retrial

CONRAD BLACK has been granted bail while a court goes over his fraud conviction.

The former media baron has been in jail since a US court convicted him on mail fraud.

Black was convicted of three counts of fraud and one count of obstruction of justice in July 2007.

The following December he was sentenced to serve 78 months in prison.

Chicago judge Amy St Eve will be responsible for setting the terms of Black’s bail.

It isn’t known when Black will be released.

Earlier this month, he applied for bail after the US Supreme Court set aside his fraud convictions. Black was convicted in 2007 of diverting funds due to Hollinger International for personal benefit.

Last month, the Supreme Court set aside a ruling upholding Black’s convictions, saying the government had not applied the “honest services” law correctly.

His had argued that the law used to convict Black was too vague.