News Corp sets up global ethics team in wake of hacking scandal
Source: Reuters
(Reuters) - Rupert Murdoch's News Corp has set up a global compliance and ethics team led by its top in-house lawyer, as it deals with the lingering fallout of a phone-hacking scandal that rocked the company just over a year ago.
In a memo to staff, Murdoch said Gerson Zweifach, News Corp's general counsel, will take on the role of chief compliance officer with responsibility for overseeing its global compliance and ethics program. Lisa Fleischman, associate general counsel, will be deputy chief compliance officer and both will report of the company's board and the audit committee regarding the content and operation of the program.
Murdoch said the company has initiated a review of anti-corruption controls in selected locations around the world.
"The purpose of this review is to test our current internal controls and identify ways in which we can enhance them," said Murdoch in the memo. "Let me emphasize that the review is not based on any suspicion of wrongdoing by any particular business unit or its personnel."
http://uk.reuters.com/article/2012/08/15/uk-newscorp-idUKBRE87E0S220120815
Read more: http://uk.reuters.com/article/2012/08/15/uk-newscorp-idUKBRE87E0S220120815
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News CORP ethics? Now THERE'S a contradiction in terms! Howdy!
Brother! I've FINALLY found a source for the truth. Much gr
atitude to You all.
Glad to see you here. I sure appreciate it!
