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World News
01-09-2004
who: Newspaper tycoon Conrad Black
what: Used publishing company as a "piggy bank", says report
where: NEW YORK
when: Yesterday
snippet: Lord Black and a handful of associates contrived to acquire 95% of Hollinger International`s net income between 1997 and 2003, says The Telegraph, which until recently was owned by the company, according to a report lodged with the Securities and Exchange Commission (SEC). "Accommodation, personal staff, food, opera tickets, holidays, club membership fees, restaurant bills and even jogging attire were charged to the company over 10 years." [... more]
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my name is Jenny. I'm your WTPS news reader. I choose the top stories from Britain's online newspapers every morning to help you make up your own mind about the day's news.
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