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The Ontario Securities Commission alleges that directors and officers of Hollinger Inc. and Hollinger International engaged in a scheme to take company proceeds through a system of "non-competition'" payments. Among Hollinger's holdings were the London-based Daily Telegraph, the Chicago Sun-Times and numerous Canadian publications including the National Post. Hollinger International was a U.S. public company, while Hollinger Inc. is a Canadian company. Black renounced his Canadian citizenship in 2001 to accept a British peerage.
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