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DAY TWO OF MAFFIA TESTIMONY IN KING FRAUD TRIAL
In his second day of testimony, Joseph Maffia, the former Controller of Don King Productions, said that King instructed him to "create" $350,000 in training expenses to justify an insurance claim for a canceled '91 fight between Julio Cesar Chavez and Harold Brazier. Maffia said Chavez owed King $736,000 and King wanted to recover some of that by attributing $350,000 of it to training expenses. Maffia is seen as the "key witness" in the government's wire-fraud case against King. Before the defense "could impugn Maffia as an angry former employee," the prosecution had him address the issue. Maffia testified he has gone from hating King and wanting to hurt him, to merely disliking him. The defense focused on details on the Chavez contract and Maffia's deal with the government (Richard Sandomir, N.Y. TIMES, 10/25). ESPN's Jimmy Roberts: "The government had their key witness on the stand for the better part of a day and a half, yet it took the defense all of thirty minutes to offer information that might severely limit the effectiveness of his testimony" ("SportsCenter," 10/24). -
POCKLINGTON CLAIMS GOVERNMENT AGREED TO PAY HIM
Oilers Owner Peter Pocklington was in a Canadian Court yesterday, defending himself from a civil action by his former meat-packing company and the province of Alberta. Pocklington is accused of making improper payments from Gainers, the meat packing company, to his other holdings before the province seized Gainers because Pocklington failed to pay back a C$61M package of loans. Pocklington claims the payments were management fees agreed to by the provincial government (Ian Gray, FINANCIAL POST, 10/25).




