Another day at the Leveson Inquiry.Another day of forgetfulness and vivid imagination.Another day of outright denial and not quite remembered meetings.
---------- Post added at 10:15 ---------- Previous post was at 10:06 ----------
Meanwhile.
http://www.guardian.co.uk/business/2...ws-corp-emails
Quote:
The stock market watchdog, the Financial Services Authority, is looking at whether a series of emails from the office of the culture and media secretary to News Corporation representatives broke rules on insider trading, the Guardian understands.
Emails disclosed on Tuesday during the Leveson inquiry into the media, appear to show that News Corp's public affairs executive Frédéric Michel was given a unique insight into decisions being made by the culture secretary Jeremy Hunt into News Corp's £8bn bid for BSkyB by Hunt's special adviser, Adam Smith. Michel then relayed the information to his boss, James Murdoch, a News Corp executive and chairman of BSkyB at the time.
|
Quote:
In one of dozens of messages, Michel appears to have been informed in advance of the details of Hunt's decision to refer the BSkyB bid to Ofcom. Dated 24 Jan 2011, while markets were still open in London and Europe, Michel wrote to his boss, James Murdoch, that the information he had received from Hunt's office was "absolutely illegal". Murdoch has since said the reference had been a joke.
There is no allegation that any trading on information took place. But unlike the US's Securities and Exchange Commission rules on insider trading, the FSA need not show that beneficial trades have been made under their "market abuse" rules in order to press charges.
|
Now that is far more interesting..
---------- Post added at 11:44 ---------- Previous post was at 10:15 ----------
Aha Now they have him against the ropes..
He's admitted he has not read comments by Justice Eady in judgement on Max Mosley case in which he referred to blackmail by NoW journalists to the women involved.Who in the hell can believe that?
---------- Post added at 11:51 ---------- Previous post was at 11:44 ----------
Quote:
|
Breaking News Downing Street insist Mr Cameron "is confident he had no inappropriate discussions about the BSkyB bid and he at no time sought to influence the process".
|
there you go..Another denial.