(British) MP Tom Watson flies to News Corp AGM to make 'fresh revelations'

[Turborama]

Source: The Telegraph (UK)

Mr Watson, who has played a pivotal role in the Select Committee inquiry into phone hacking at the News of the World, said the fresh revelations he will make at the meeting would leave shareholders "in no doubt... of the huge reputational harm to the company that will be felt for years to come" and that News Corp "is not through the worst of it yet".

Speaking on a joint call with Jay Eisenhofer, a US lawyer who is leading an investor lawsuit against News Corp's directors for breaches of corporate governance, Mr Watson indicated the new allegations would relate to a surveillance method other than phone hacking or the use of private investigators.

However, he would not be drawn further or says whether the allegations relate specifically to the US ahead of the shareholder meeting in Los Angeles.

Mr Watson said he has flown to Los Angeles because he felt a "duty" to attend the event to alert News Corp's investors in person to the extent and seriousness of wrongdoing at the company, and called for Murdoch to be ousted as chief executive and chairman.

Read more: http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/8839815/MP-Tom-Watson-flies-to-News-Corp-AGM-to-make-fresh-revelations.html

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News Corporation annual shareholder meeting – live: http://www.guardian.co.uk/media/blog/2011/oct/21/news-corporation-annual-meeting-live

[SpiralHawk]

1. This will be interesting - Eeevil Republicon Family Values exposed. Again.

:popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn:

[dipsydoodle]

2. However

The Murdoch's have got 40% of the voting stock and Prince Walid bin Talal of Saudi Arabia , who supports the board , has got another 7%. The main purpose of the exercise is to embarrass the Murdochs - chances of board changes are remote.

Aside from that are we take it that Watson has withheld information from the UK enquiry if he's to make a new revelation ?

Keepin' well I hope. :hi:

[SpiralHawk]

3. In bed with the Saudis. Soooooo Republicon

[mwooldri]

4. Tom Watson. Not a Tory.

Any surprises?

[aquart]

5. Welcome to America, systematic Murdoch empire hacking.