James Murdoch's Testimony Leads To Resignation Of Top Parliamentary Adviser; Financial Watchdog To Get Involved?

Adam Smith James MurdochJames Murdoch‘s evidence to the UK media ethics inquiry has already claimed one victim. Adam Smith, the adviser to Culture Secretary Jeremy Hunt, resigned today amid calls for Hunt’s own resignation. Adding fuel to the fire, Brtain’s Financial Services Authority could be interested in investigating emails revealed yesterday that surround News Corp‘s aborted bid to acquire the part of BSkyB it does not already own.

Related: James Murdoch Testimony Analysis: Political Ties Are Main Focus As UK Culture Secretary Comes Under Fire

Hunt’s name came up most often in Murdoch’s testimony yesterday as evidence of email exchanges between Hunt’s adviser Smith and Murdoch’s public affairs chief Fred Michel during the BSkyB bid process were read aloud. The communications could fall into “market abuse” territory, The Financial Times reports. (more…)

This article was printed from https://deadline.com/2012/04/james-murdoch-testimony-uk-adam-smith-resigns-jeremy-hunt-261661/