
Boultbee, the former CFO of Hollinger International, stands accused of illegally diverting more than $80 million from Hollinger and its shareholders during Hollinger's $2.1 billion sale of several hundred Canadian newspapers. Two years ago, Boultbee joined Black, former legal executive Mark Kipnis, and former VP Peter Atkinson in pleading not guilty to fraud charges. A fifth defendant, former Hollinger President David Radler, pleaded guilty to the charges and agreed to testify for the government.