Cay: FBI looking at Black's dealings

According to the London Times, the Federal Bureau of Investigation is believed to be helping the American regulators in their investigation into Lord Black, former boss of Hollinger International, and, through his holding companies, a 40 percent shareholder of Cayman Free Press.

Sources close to the investigation claim the FBI is assisting the Securities and Exchange Commission probe into millions of dollars paid to Black, David Radler, his former deputy, and others. 

Black has also been called to account for some $1.5 million in dividends from Cayman Free Press, which he has so far reportedly failed to do.