Murdoch not fit to lead major company: UK lawmakers

A parliamentary committee released a report on Tuesday on illegal phone hacking released.

A panel of British lawmakers says media tycoon Rupert Murdoch is not nfit to run a major international company.A parliamentary committee released a report on Tuesday about its investigations into illegal phone hacking involving now-defunct British tabloid News of the World. Tabloid, which was under Murdoch's News Corporation, was closed down last July after it was learned to have hacked voicemail left on the cellphone of a murder victim.

The committee criticized Murdoch's companies for willful blindness toward what was going on at the tabloid, and said their directors including Murdoch  should take responsibility.It also referred to Parliament testimony by his company's executives 6 years ago, when the hacking first came to light. The committee said the executives had shown contempt for the parliamentary system.The committee said it concluded Murdoch is unfit to exercise stewardship over a major international company. Media agencies