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Sarbanes-Oxley News & Developments
Former Hollinger CFO Pleads Not GuiltyJohn Boultbee faces eight counts of fraud, each of which carries a possible penalty of five years in jail and a $250,000 fine.
> > Judge Amy St. Eve of the U.S. District Court in Chicago ordered Boultbee, who lives in Vancouver, to post a $1.5 million cash bond and to restrict his travel to the United States and Canada. Boultbee waived his right to contest any future extradition from Canada. As a further condition of his release, he promised to transfer ownership of a rifle that has been in his family for generations to his son.
Source: CFO
Published:2005-12-08
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