Murdoch's Australian company to review expenses

[Turborama]

Source: AP Via Houston Chronicle

July 13, 2011, 7:04AM

SYDNEY — Rupert Murdoch's Australian media company said Wednesday it will conduct a "thorough review" of all editorial expenditures over the past three years to confirm that payments were made for legitimate services.

Murdoch's media empire in Britain has suffered a crippling blow in recent days following allegations that his newspapers used fraudulent means to obtain information, including paying bodyguards of Queen Elizabeth II for sensitive phone numbers and travel plans.

In Australia, Murdoch's company News Limited owns a string of newspapers and websites. In an open letter to staff, News Limited's Chief Executive John Hartigan said the company's conduct has been above board.

=snip=

The Australian-born Murdoch's reputation began to unravel following allegations this month that employees of his News of the World tabloid hacked the phone of Milly Dowler, a 13-year-old murder victim, and deleted several messages in 2002.


Read more: http://www.chron.com/disp/story.mpl/ap/business/7651219.html

[Botany]

1. aka did we pay any bribes, hire illegal activities, or pay

any hush money?

My guess would be that the answer to those questions would be a yes.

[DURHAM D]

2. This seems like a joke.

The "bribes" will be listed as: spa treatment, car service, massage, bar tab, dinner with client, entertainment, etc.

[Botany]

4. Not this time

My guess is that many of the players will be scrambling to get out in front
of this story and will be ready to spill the beans.

[Javaman]

3. The death star does accounting...

Queue the music.

It was reported today that Darth Vader and the Empire are in a financial bribery fix. The Dark Lord was quoted as saying, while waving a quivering hand, "we are currently reviewing all our tax records and we are certain of no criminal activity...certain of no criminal activity", the Sith Master stated.

This reporter concurs, "no criminal activity...no criminal activity..."

[AndyTiedye]

5. A Thorough Sanitizing of the Expense Records, More Likely

[Uncle Joe]

6. In related news, Enron went back to review their own books and apparently everything was above board

who would've thunk it?:shrug:

All that wasted legal expense for nothing.

Thanks for the thread, Turborama.