Here’s the lead paragraph from The Wall Street Journal, owned by Rupert Murdoch:
“LONDON—The U.K. parliamentary committee probing illicit voice mail interception by News Corp. shuttered News of the World tabloid released a final report Tuesday concluding that News Corp. Chief Executive Rupert Murdoch is “not a fit person to exercise the stewardship of a major international company” and accusing several former company executives of misleading parliament.”
And here’s an excerpt from the report, compiled by a 11-member parliamentary committee:
“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….”
“Corporately, the News of the World and News International misled the committee about the true nature and extent of the internal investigations they professed to have carried out in relation to phone hacking; by making statements they would have known were not fully truthful; and by failing to disclose documents which would have helped expose the truth.
“Their instinct throughout, until it was too late, was to cover up rather than seek out wrongdoing and discipline the perpetrators, as they professed they would do after the criminal convictions.
“In failing to investigate properly, and by ignoring evidence of widespread wrongdoing, NI and its parent company News Corporation exhibited wilful blindness, for which the companies’ directors – including Rupert Murdoch and James Murdoch – should ultimately be prepared to take responsibility.”
– Jay Bookman