Did Brooks resign after Saudi Prince`s statement?

Last Updated: Saturday, July 16, 2011 - 16:44

Dubai: News Corp`s major shareholder and
Saudi billionaire Prince AlWaleed bin Talal is believed to
have played a key role in the resignation of Rebekah Brooks,
the head of Rupert Murdoch`s media empire in Britain over the
phone-hacking scandal involving the group`s newspapers.

Brooks` resignation came apparently after Prince
AlWaleed, who is the second largest shareholder in News Corp,
said that she "had to go" if her role was confirmed in the
scandal.

Brooks, the CEO of News International, resigned yesterday
after sustained public criticism over the scandal for using
dubious news-gathering practices, including hacking the phone
of murdered teenager Milly Dowler.

Prince AlWaleed, who has a 7 percent voting stake in News
Corp, told BBC`s Newsnight programme on Thursday that "The
indications are for her involvement in this matter is explicit
then for sure she has to go, you bet she has to go."

"Ethics to me is very important, definitely. I will not
tolerate to deal with a company that has a lady or a man that
has any sliver of doubt on her or his integrity," he said.

On the inquiry being conducted in the case he said, "We
hope as this unfolds that the truth will come out."

"The facts will come out imminently. It is very important
to me," he said.

However, the prince added that from his dealings with the
Murdochs, he found it `almost impossible` for them to have
known about the goings-on at the now-closed News of the World
tabloid newspaper in the UK.

He also asserted that News Corp`s bid for buying control
of British Sky Broadcasting Group "is shelved, it is not
dead."

PTI



First Published: Saturday, July 16, 2011 - 16:29

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