Parliament Committee Say Murdoch Unfit To Run Global Firm

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The House of Commons Culture, Media and Sport Committee issued its report of the phone hacking scandal at News Crop

The report was particularly hard on CEO Rupert Murdoch and his son James. Jame is likely to lose his job, based on the comments.

But, the comments on Murdoch himself are perhaps more damning than anything in the report

On the basis of the facts and evidence before the Committee, we conclude that, if at all relevant times Rupert Murdoch did not take steps to become fully informed about phone-hacking, he turned a blind eye and exhibited wilful blindness to what was going on in his companies and publications. This culture, we consider, permeated from the top throughout the organisation and speaks volumes about the lack of effective corporate governance at News Corporation and News International. We conclude, therefore, that Rupert Murdoch is not a fit person to exercise the stewardship of a major international company.

Now, the News Corp board is faced with a major dilemma. Should it make a public display of its desire to push the firm’s founder out.