LAWFUEL – The Law News Wire – Conrad Black is to face one less charge after prosecutors dropped one count of money-laundering against him minutes before resting their racketeering case against the former Daily Telegraph owner yesterday, the Guardian reports.
Lawyers for Lord Black, who still faces more than a dozen charges relating to racketeering, obstruction of justice, mail, wire and tax fraud, said they would take just over two days to rebut 11 weeks of prosecution evidence.
The apparent brevity of the defence case indicates that Lord Black himself will probably not be called to testify.
This suggests that Lord Black’s defence team is either confident that the prosecution’s case is not strong enough, or, that it may be too risky to subject the former Telegraph owner to cross-examination over the $60m case. Lord Black’s lawyers intend to put their case early next week.
The prosecution’s case ended with lawyers showing bank statements indicating Lord Black had spent millions on diamonds and jewellery for his wife.
Earlier this week, the prosecution case levelled a number of other accusations against Lord Black.