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British MP Warns Of New Allegations Against News Corporation

Reported by Ellen - October 22, 2011 -

British Member of Parliament Tom Watson visited the contentious News Corporation shareholders meeting yesterday and made it clear that the phone hacking scandal is far from behind the media conglomerate. At the meeting, Watson told Murdoch that the 200 police officers on the case are investigating claims that range from conspiring to pervert the course of justice, executives committing perjury, and bribery of public officials, including police officers. Watson also alleged that cases of computer hacking are soon to surface.

Although the Murdoch-dominated board was re-elected by the Murdoch-controlled shareholders, The Guardian noted, "But the fact that major investors voted against his re-election and that of his sons and other directors is a major blow for the 80-year-old chairman and chief executive."

The Guardian also noted that News Corp. may be hit with a wave of new financial liabilities related to wrongdoing, too, "as victims of alleged computer hacking (take) action against its subsidiary News International... 'You haven't told any of your investors what is to come,' he told Murdoch, although the News Corp boss insisted that his company was co-operating fully with police inquiries."

Audio of Watson at the shareholders meeting is below, via Media Matters, which also has a transcript.

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