Thursday, October 27, 2011

Arab world's richest man and News Corp's second largest shareholder

Prince Alwaleed, Arab world's richest man and News Corp's second largest shareholder
It was News Corporation's second largest shareholder after Rupert Murdoch, Saudi Arabia's Prince Alwaleed bin Talal, who appeared to deliver the coup de grace to Rebekah Brooks's newspaper career. The Arab world's richest man, a longstanding Murdoch ally, was interviewed by the BBC's Newsnight aboard his yacht in Cannes on Thursday afternoon. Clearly mindful of how his association to a newspaper whose staff were accused of criminal behaviour would be received back home, Alwaleed urged the Murdochs to "co-operate fully" with inquiries.

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