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The lawsuit was filed Wednesday in Chicago. In the document, Black said the money was taken without legal basis, and he said he requires the cash to mount a defence if he is charged with fraud at Hollinger International Inc.
Former Black associates, including his top lieutenant David Radler, have already been charged with participating in a scheme to divert more than $32 million US of "non-compete fees" from Hollinger International into their pockets and those of other managers.
Radler has entered a plea of guilty to a charge of mail fraud and could face up to 29 months behind bars. He is co-operating with prosecutors in the ongoing investigation.
Conrad Black (CP file photo)
Black acknowledged in the lawsuit "it is possible that a criminal indictment of [Black] is likewise imminent."
The FBI seized the money from Black last month when he was about to close the sale of his 4,500-square-foot New York City apartment. The U.S. government alleged the proceeds were part of a "fraud scheme."
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