PPP KINGDOM

PPP KINGDOM

MURDOCH SONS’ RE-ELECTION TO NEWS CORP. OPPOSED

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James Murdoch and his brother Lachlan, sons of billionaire Rupert Murdoch, should be replaced on the News Corp. board to improve accountability at the company, an Australian pension fund group said.

The brothers and four other board members shouldn’t be re- elected because the company needs “credible skilled outside directors,” the Australian Council of Superannuation Investors, whose members manage more than A$250 billion ($244 billion) in pension assets, said on its website.

http://www.bloomberg.com/news/2011-09-30/murdoch-sons-re-election-to-news-corp-opposed-by-pension-funds.html

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