Disgraced theater mogul Garth Drabinsky will serve the last two years of his fraud sentence at home with his family after the Parole Board of Canada granted him full parole Monday.
The two parole board members hearing Drabinsky’s case said any risk to public safety would be “manageable,” noting he would still be barred from owning or operating a business or managing money for any other individual, company or charity.
Drabinsky, 64, thanked the panel after an emotional two-hour hearing during which he described the strain of living apart from his family for the past three years while incarcerated and on day parole.
The ex-CEO of the now-defunct Livent Inc. and longtime business partner Myron Gottlieb were convicted in 2009 in connection with a book-cooking scheme that eventually led to the company’s bankruptcy.