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Church of England sells $3M in News Corp. shares over media giant’s phone-hacking scandal

LONDON – The Church of England says it has sole a shareholding in Rupert Murdoch‘s News Corp. since of commentary that a media hulk was concerned in phone hacking.

The church says in a matter Tuesday it is not confident that News Corp. has shown, or is expected to show, a joining to remodel a business practices following justification of bootleg eavesdropping during a gone News of a World newspaper.

Church central Andrew Brown says a preference to sell a 1.9 million pounds (US$3 million) in News Corp. shares followed a year of vague discourse between News Corp. executives and members of a church’s reliable investment committee.

The Church of England has 3 supports holding resources value 8 billion pounds ($12.5 billion).

Source: Article Source


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