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marmar

(77,077 posts)
Tue May 1, 2012, 08:44 PM May 2012

Independent UK: If Murdoch thought the worst was over, he was wrong


If Rupert Murdoch believed his appearance at the Leveson judicial inquiry last week would quell the ever louder outcry over his and his company's conduct, he was wrong. By far the most damning judgement of this report is reserved for the 81-year-old chairman and chief executive of News Corporation.

By concluding that he is unfit to run a major international company (the majority verdict of the five Labour MPs and the Liberal Democrat MP Adrian Sanders, but not – interestingly – of its four voting Conservative members) the Culture Committee has dramatically increased the pressure on the tycoon.

He already faces a shareholder revolt at News Corp's next annual meeting in October, where there is a motion to unseat him.

The US Department for Justice may also take into account the committee's findings when considering whether News Corp directors permitted or wilfully ignored a newsroom culture that bribed police and public officials in the UK – potentially a criminal offence punishable by a fine or five years in jail under the US Foreign Corrupt Practices Act. ...................(more)

The complete piece is at: http://www.independent.co.uk/opinion/commentators/martin-hickman-if-murdoch-thought-the-worst-was-over-he-was-wrong-7704399.html



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