Top News Corp. Shareholder: ‘Rebekah Brooks Has to Go’

Saudi billionaire Prince Alwaleed bin Talal is the second biggest shareholder after the Murdoch family

Last Updated: July 14, 2011 @ 4:21 PM

The second biggest News Corp. shareholder after the Murdoch family called for News International Chief Executive Rebekah Brooks to step down due to a phone-hacking scandal that continues to disgrace the company.

"For sure she has to go, you bet she has to go," Saudi billionaire Prince Alwaleed bin Talal said in an appearance on BBC's Newnight Thursday. Alwaleed's Kingdom Holding controls 7 percent of the company.

Alaweed has said that his company's relationship with News Corp. will continue unchanged, but that did not stop him from calling for Brooks' ouster. Brooks is under intense scrutiny because of her position at News International and because she served as editor of NI's News of the World when many of the alleged crimes took place.