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Tue Nov 20, 2012, 10:23 PM

That screaming you hear in the distance is Rupert Murdoch losing it--FOX could be in trouble! [View all]

It is a very, very bad day to be Rupert Murdoch.

News Corp exposed to growing legal threat following charges for tabloid duo

The new round of criminal charges brought in the UK against former senior News International editors has once raised again the prospect that Rupert Murdoch's New York-based parent company may be prosecuted under US anti-bribery laws, and complicates the rehabilitation of his son James as a possible successor to lead the global media empire.

The charges brought against Rebekah Brooks, who ran Murdoch's newspaper holdings in Britain, Andy Coulson, former editor of the now defunct News of the World, and two other former News International employees exposes the parent News Corporation to possible action under the Foreign Corrupt Practices Act. The FCPA exists to prosecute US-domiciled companies for acts of bribery and corruption that they might commit abroad.

An official of the British ministry of defence, Bettina Jordan Barber, also faces trial for allegedly receiving 100,000 from Murdoch's tabloid newspapers for information that led to a series of published stories. The allegation that money passed hands clearly falls within the legal remit of the FCPA.

(AND DON"T MISS THIS PART:::::::The latest legal difficulties to hit News Corporation could also potentially have ramifications on its 27 TV licences within the Fox network the real financial heart of the operation. Three of the licences are up for renewal, and in August the ethics watchdog Citizens for Responsibility and Ethics in Washington (Crew) filed a petition with the US broadcasting regulator, the Federal Communications Commission, that called for them to be denied on the grounds that the company did not have the requisite character to run a public service.

There is more to read at the link....much, much, much more!

http://www.guardian.co.uk/media/2012/nov/20/news-corp-legal-threat-brooks-coulson-charges

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Reply That screaming you hear in the distance is Rupert Murdoch losing it--FOX could be in trouble! [View all]
DonRedwood Nov 2012 OP
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