Conrad Black: I'll Keep My Seat In The Lords
Former media tycoon Conrad Black, who was jailed for defrauding investors, says he has nothing to be ashamed of and will continue to sit in the House of Lords.
The peer was released in May after serving three years in a US jail. In an interview with Sky's political editor, Adam Boulton, he insisted he had done nothing wrong.
When asked if he planned to continue to sit in the House of Lords, he said: "Presumably, but I haven't decided that.
"I do not accept that these charges in this manner have any validity and they certainly would not have occurred in this country."
He insisted he had been unfairly targeted by the US legal system.
"The fact that 99.5% of prosecutions in that country end in convictions ? it's such a stacked deck. We so dismembered their case and struck down the prosecuting statute as unconstitutional, I feel I've done quite well."
Black was sentenced to more than six years in prison after his conviction for fraud and obstruction of justice at a high-profile trial in Chicago in 2007.
Prosecutors said he received millions of dollars in payments from companies who had bought newspapers from his Hollinger International group, in return for promises that he would not compete against them.
It was alleged he and other executives pocketed the money, which should have gone to shareholders, without telling Hollinger's board of directors.
Black was released two years into his sentence to pursue an appeal that was partially successful.
A judge reduced his sentence to three years and he returned to prison last September.
Black is now British, having renounced his Canadian citizenship to take his seat in the Lords several years earlier, but the country of his birth has given him a one-year residency permit.
However, Black insisted he is "not a refugee" struggling to find a place to live.
He said: "I am a passport-carrying citizen of the EU, I can live anywhere I want of these 27 countries. I'm not a refugee struggling desperately from place to place for some place to lay my head you know? I'm alright, I'm doing fine."
what do you think?
This comment has been removed for violations of our Terms and Conditions.
Always read your Biblos, kids...
Can't see a problem - he's no worse than any of the other dis-honourable members - that goes for the house of commons too!
The house of lords should be renamed house of crooks.
House of horrors? :)
To be fair. Conrad has a point, and this is the sort of entreprenurial (sp) that Cameron was talking about attracting to OUR country, he would be a boon to any of our government funded banks or auxiliary services. A post in a future cabinet has gotta be in the offing too, if he keeps his head down for a bit. He started well today, demolishing Boulton over on Sky :)
we should set a minimum period before we allow people with criminal convictions into the country.
Another one of Camoron`s friends gets all the cream while we the taxpayer foot the bill.
As much as I dislike Cameron, it was Tony Blair who lobbied for Black's life peerage and I'm not sure there's a bill for any UK taxpayer to foot given that this all took place in the US....not everything can be blamed on the coalition....unfortunately