Fox News Parent NewsCorp May Face Corruption Investigation 145
rtfa-troll writes "The Guardian reports that News Corporation may face FCPA investigations after an 'official of the British ministry of defence' was charged 'for allegedly receiving £100,000 from Murdoch's tabloid newspapers.' News Corporation, headed by Rupert Murdoch, is loved by most of the readers of Slashdot as the owner of Fox News and as the company which put the overly complicated paywall on the Wall Street Journal. The article states that the charges 'would be hard for the Department of Justice and the Securities and Exchange Commission to ignore and would warrant investigation under the U.S. Foreign Corrupt Practices Act which could lead to risks for 27 TV licences within the Fox network.'"
Oh, this is sweet!! (Score:5, Interesting)
http://www.citizensforethics.org/legal-filings/entry/crew-petition-fcc-deny-renewal-news-corp-fox-broadcast-licenses-murdoch [citizensforethics.org]
Washington, D.C. – Today, Citizens for Responsibility and Ethics in Washington (CREW) filed a petition with the Federal Communications Commission (FCC), asking the agency to deny renewal of three broadcast licenses held by Fox television stations. Because their licenses are set to expire in October, two Fox stations in Washington, D.C. and one in Baltimore – which are wholly owned subsidiaries of News Corp. – filed to renew the licenses this past June.
CREW is objecting to the renewals because under U.S. law, broadcast frequencies may be used only by people of good “character,” who will serve “the public interest,” and speak with “candor.” Significant character deficiencies may warrant disqualification from holding a license.