News Corp. Said to Get Letter From U.S. in Bribery Probe

[kpete]

Source: Bloomberg

News Corp. Said to Get Letter From U.S. in Bribery Probe
September 20, 2011, 5:38 PM EDT


Sept. 20 (Bloomberg) -- News Corp. was sent a letter by U.S. prosecutors investigating foreign bribery, requesting information on alleged payments employees made to U.K. police for tips, according to a person with knowledge of the matter.

The letter is part of an effort by the U.S. Justice Department to determine whether News Corp. violated the Foreign Corrupt Practices Act, or FCPA, according to the person, who declined to be identified because the matter isn’t public. News Corp. fell 1.7 percent on the news.

The inquiry advances an existing U.S. probe that is reviewing claims that victims of the Sept. 11, 2001, attacks had their phones hacked by News Corp. employees. The letter doesn’t carry the same legal force as a grand jury subpoena, which would compel a response under law.

Earlier this year, it was revealed that reporters at New York-based News Corp.’s News of the World had hacked the voicemail accounts of celebrities and a young girl who had been kidnapped and murdered. Investigators subsequently began looking into allegations that the tabloid’s staffers made payments to police officers in return for confidential information.

Read more: http://www.businessweek.com/news/2011-09-20/news-corp-said-to-get-letter-from-u-s-in-bribery-probe.html

[Kingofalldems]

1. K and R

[beac]

2. Please, please let this be the beginning of the end for the cancer that is

Murdoch's empire.