Data provided by McGregor BFA
All data is delayed
Loading...
See More

Ex-Murdoch aide given £7m pay-off

Oct 16 2012 08:19 Reuters

Former News of the World editor Rebekah Brooks leaves the Old Bailey court in central London after entering her plea on charges of trying to cover up alleged phone hacking. (Carl Court, AFP)

Related Articles

Murdoch aides to be charged

News Corp makes more hacking settlements

Rebekah Brooks arrested - reports

Brooks resigns in wake of scandal

Paper sacrificed to keep CEO - analysts

Murdoch exec Brooks arrested for second time

 

London - Former newspaper executive Rebekah Brooks received a pay-off totalling more than £7m following her resignation from Rupert Murdoch's British newspaper group last year, the Financial Times said on Tuesday.

Brooks, the woman at the heart of a scandal shaking Rupert Murdoch's media empire and the British government, is awaiting trial next year on multiple charges in relation to phone-hacking by reporters at one of her papers.

The FT cites two people with knowledge of her compensation as saying the pay-off consisted of cash and pension payments as well as an allowance for legal fees and the use of a chauffeur-driven car.

Two of the people cited by the newspaper said the pay-off also included substantial claw-back clauses for her former employer, News International.

These entitle News International, the British arm of News Corporation, to recover some of the payment from Brooks in certain circumstances, according to a third person familiar with the details of her exit package.

A spokesperson for News International declined to comment and a spokesman for Brooks could not be reached for immediate comment.


NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

ANC set for two-thirds majority - poll

The ANC is on course to win nearly a two-thirds majority in 7 May elections, a poll has showed, confounding analysts who had predicted a fall in support for the ruling party.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...