THE media magnate Rupert Murdoch is not a fit person to run a major international company, a committee of British MPs inquiring into phone hacking has concluded.
The committee said of Rupert Murdoch, chairman and chief executive of News Corporation, that in not taking steps to become fully informed about phone-hacking at his London newspapers, "he turned a blind eye and exhibited wilful blindness''.
"This culture, we consider, permeated from the top … and speaks volumes about the lack of effective corporate governance at News Corporation and [its British arm] News International.
"We conclude, therefore, that Rupert Murdoch is not a fit person to exercise the stewardship of a major international company."
The phrase "fit person" is significant because the British media regulator Ofcom is investigating whether News Corporation is fit to hold the licence to run Britain's biggest satellite broadcaster, BSkyB.
Read more at Brisbane Times
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