CHICAGO: Prosecutors in the fraud and racketeering trial of fallen media mogul Lord Conrad Black dropped one charge of money-laundering as they wrapped their case against him and three co-defendants.

The government gave no reason and made no comment on its decision.

The case against Black, and former Hollinger International [H-Intl] executives John Boultbee, Peter Atkinson and Mark Kipnis has lasted for for over two months.

The four defendants are accused of pocketing $60 million (€44m; £30.1m) following the sale of a raft of H-Intl newspapers - cash that should have gone to the company and its shareholders. All, however, deny wrongdoing.

Prosecutors rested their case after jurors saw security camera footage of Black hauling boxes of documents out of the H-Intl headquarters building and loading them into a waiting limousine. He was forced to return them prior to the trial.

Defense lawyers say they will need no more than a week or two to present their evidence. Black is not expected to be called to the witness stand.

Data sourced from New York Times; additional content by WARC staff