With News having just posted a $1.9 Billion loss today, yesterday the Church Of England (CEO : HM The Queen) announced that it had sold it shares in News Corp for $3 million because of the "bad behaviour" of some of it's newspapers.
Andrew Whittam Smith is the First Church Estate's Commissioner and in charge of their finances. He is also the founder of the Independent Newspaper which along with The Guardian has been on the attack over the great hacking scandal and other matters previously. It was he who made the decision to sell the Church's stake in News.
A former journalist and the son of an Anglican vicar, Whittam Smith is far from being a prude and was once president of the British Film Board Classification and was responsible during the 90s for liberalising what naughty parts Brits could see in videos and films. Until then it had languished about 50 years behind the rest of Europe.He also thinks Scotland Yard may soon be feeling the collars of both James Murdoch and his father for having breached Regulation of Investigatory Powers Act 2000 and is quoted as saying:
"“It means that if you have presided over an organisation that has
conducted criminal activities, either you have the orders, or you gave
permission, or you connived, but if you did none of these things, then
you were neglectful. That, I believe, is the trap in which the directors
of News International find themselves."Could this be why Rupert and James are both moving permanently to New York?. Given how the British courts are now closely co-operating with US courts in extradition matters ala Julian Assange, perhaps both could seek sanctuary in Australia House in The Strand and ask for asylum.
