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article imageNews Corp stands by their man, has 'full confidence' in Murdoch

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By Yukio Strachan     May 3, 2012 in World
Days after British lawmakers questioned Rupert Mudoch's fitness to run his multi-billion dollar company, News Corp.’s board of directors issued a statement standing by their man saying, it has “full confidence” in Murdoch.
The statement, entitled "News Corporation Board of Directors Issues Unanimous Statement of Support for Rupert Murdoch" followed a meeting of News Corp.’s board of directors,MSNBC says.
In its statement, the board said:
The Board of Directors of News Corporation met today and announced its full confidence in Rupert Murdoch's fitness and support for his continuing to lead News Corporation into the future as its Chairman and CEO. The Board based its vote of confidence on Rupert Murdoch's vision and leadership in building News Corporation, his ongoing performance as Chairman and CEO, and his demonstrated resolve to address the mistakes of the Company identified in the Select Committee's report.
Others, seem less certain.
Bloomberg News is reporting that Senator Jay Rockefeller, a West Virginia Democrat, is inquiring whether News Corp. may have violated U.S. laws. He sent a letter yesterday to Britain’s Lord Justice Brian Leveson, who is leading the special judicial investigation into the phone hacking and other alleged illegal activities, asking for further information.
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