Rupert Murdoch 'not a fit person' to run an international company, say U.K. lawmakers
The report continues, "We conclude, therefore, that Rupert Murdoch is not a fit person to exercise the stewardship of a major international company."
It was, however, a narrow majority that reached this conclusion, as four Labour Party members and one Liberal Democrat were in the majority versus four Conservatives members who opposed the assertion.
News Corp. says in a statement that it is "carefully reviewing the select committee's report and will respond shortly. The company fully acknowledges significant wrongdoing at News of the World and apologizes to everyone whose privacy was invaded."
The News of the World tabloid was closed by Murdoch in July 2011 after public outcry that the paper was hacking the phones of celebrities and victims of crimes, including that of 13-year-old murdered schoolgirl Milly Dowler.
It is now up to Britain's House of Commons to mete out punishments for those found guilty of wrongdoing, which include several News Corp. executives.