Murdoch scandal (cont.) By Chris Daly – Murdoch scandal (cont.) By Chris Daly Gee, I guess I have been wrong abo… http://ow.ly/1j9Hky
LONDON—With a fresh political scandal swirling around his global media conglomerate here, News Corp. NWSA +0.62% Chairman and Chief Executive Rupert Murdoch faced questioning Wednesday before a public press-ethics inquiry about whether he used the company to call in political favors and push his commercial interests.
The media mogul repeatedly said he hadn’t asked prime ministers, and would-be prime ministers, for favors, and said that his commercial interests didn’t influence where his newspapers stood on issues or political parties.
At the same time, he conceded “abuses” have occurred at his own company—which has been battered by a long-running scandal over illicit reporting tactics—though he added: “I would say there are many other abuses, but we can go into that in time.” Mr. Murdoch also distanced himself from some of the activities: “”We have a very large company and I do run that company with a great deal of decentralization.”