News Corp will emerge 'a stronger company': Murdoch

20th July 2011, Comments 0 comments

Embattled media executive Rupert Murdoch on Wednesday vowed News Corp. would emerge "a stronger company" from the phone-hacking scandal, making clear he would never tolerate such behaviour.

"I want all of you to know that I have the utmost confidence that we will emerge a stronger company," he said in a message to staff of his global empire, seen by AFP.

"It will take time for us to rebuild trust and confidence, but we are determined to live up to the expectations of our stockholders, customers, colleagues and partners."

The 80-year-old chief executive was questioned for more than two hours by parliamentarians in London on Tuesday over the scandal that has rocked his business and forced two of Britain's top police chiefs to resign.

"I was shocked and appalled by recent allegations concerning the News of the World, and I am deeply sorry for the hurt that was caused," he said to staff.

"And we have taken responsibility. I have led this company for more than 50 years and have always imbued it with an audacious spirit.

"But I have never tolerated the kind of behaviour that has been described over these past few weeks. It has no place at News Corporation.

"These serious allegations made about some of our former employees at the News of the World directly contravene our codes of conduct and do not reflect the actions and beliefs of our many employees."

At the hearing in London, Murdoch denied ultimate responsibility for the hacking that forced him to shut the News of the World.

But he apologised to the victims, saying at the outset: "I would just like to say one sentence. This is the most humble day of my life."

© 2011 AFP

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