July 28th, 2014

Mirror Readies Pennies for Hacking Payouts

piersknew480

Buried in the small print of the Mirror’s Half-Yearly Financial Report (out today) is this little note:

Historical Legal Issues
dailymirrorThe Group continues to co-operate with the police in respect of Operation Elvedon (the investigation relating to alleged inappropriate payments to public officials) and Operation Golding (the investigation into alleged phone hacking).

The Group is aware of a number of civil claims from individuals in relation to phone hacking. In the first half we have provided £4.0 million to cover the cost of dealing with and resolving claims. It remains uncertain as to how these matters will progress, whether further allegations or claims will be made, and their financial impact. Due to this uncertainty a contingent liability has been highlighted in note 18…

18. Contingent liabilities
There is potential for further liabilities to arise from the outcome or resolution of the ongoing historical legal issues. Due to the present uncertainty in respect of the nature, timing or measurement of any such liabilities it is too soon to be able to reliably estimate how these matters will proceed and their financial impact..

£4 million seems an awfully small provision when you consider the hundreds of millions already paid out to phone hacking victims…


44 Comments

  1. 1
    inside out says:

    Of course he new,all editors are responsible for every word written in their papers.

    Like

    • 14
      Norm Normal says:

      Anyone know how or why Piers Stefan O’meara ended up as Piers Stefan Pugh-Morgan?

      Must be an interesting story behind that?

      Like

    • 32

      Sorry Guido but that s one hell of a headline , possibly libellous .
      On what basis do you know he “knew” ? Knew what exacktly ?

      Surely the very lawyered up wording of the Half Yearly Report and/or Note 18 are not the sole bases on which you are backing your claim –are they ?

      Like

  2. 2
    Ghost of Leon says:

    They all knew !

    Like

  3. 3
    TJ says:

    But, but, but it was News of the World what did it all mister. I know that’s right cos that’s what the Mirror said.

    Like

  4. 4
    Piss Organ says:

    The £4m is for my continued silence you imbecile. Allegedly.

    Like

  5. 5

    In a court of law, his Piers will find him guilty.

    Like

    • 29
      Shitbag Sanders says:

      Fucking hell, why do you bother you fucking dull tard? That was below pathetic. Little tip for you fucknuts, next time you have one of your sub Richard Stilgoe brainwaves just think to yourself or ask your carer, “is this funny? If I post this on a public forum will people laugh or will they just think I’m some kind of lonely housebound wanker who should be reporting to the local police station each evening to sign a special register?”

      Like

  6. 6
    DerrIn Brown Boggin tricks for the Mirror says:

    How about arresting that twisted crook Piers Morgan? What about the non celebrity victims that are powerless to stop these abusive editors and their celebrity parasitical chums? The Mirror should be closed down! Piers Morgan and his leeching chum should be sharing a prison cell together.

    Like

  7. 7
    Fishy says:

    They’re co-operating with the police?

    At least Murdoch was proactive and set up an internal review and handed the evidence it uncovered to the police (much to the disgust of the journos there).

    The Mirror have declined to do the same thing, apparently the hacking, blagging and corrupting coppers thingy was a long time ago – too long for them to get interested in. So, it seems that they’ll sit on their hands until PC Plod comes a knocking.

    So, while the Murdoch people get sent down, the lefty press get away with it.

    Like

    • 8
      Fishy says:

      And BTW, what I’d like to know is why Morgan didn’t have to face trail over the City Slickers thing?

      Like

      • 11
        Fred the pensioner says:

        Do keep up! It was because the Liebore Party were in power busily perverting the course of justice with 3000 new laws that make everybody guilty for everything before being proved innocent at expensive court cases.

        Like

  8. 9
    Ma­­qb­oul says:

    Belmarsh beckons.

    Like

  9. 12
    Norm Normal says:

    I don’t care much if he is innocent or guilty. I just want him put away so he can’t pollute the media with his inquisitive narcissism.

    Thankfully he is considered such a hot potato, no one will give him a job on TV.

    It’s a shame there are no alternative sentences for people like Piers. How about having them filmed and recorded for 24hrs a day for an indeterminate time?

    Like

  10. 13
    Will says:

    Guido, when this first came to light I said that they were all at it in the media due to the way reporters moved papers and if one paper figured how to do hacking the others were not far behind. If I was a shareholder in trinity mirror I would be worried as the group has large debts. and if I was sly bailey (chief exec) who received large remuneration during this time I would be worried because I doubt if trinity mirror given its financial state has deep pockets unlike news international.

    Like

    • 39
      jimbo says:

      The ceo of the sun has said if it was not for having a verrrrry rich parent company then phone hacking would of bust them. There is zero change the mirror has that kind of money

      Like

  11. 15
    stalinsgran says:

    It is Eleveden, you slapdash wankers

    Like

  12. 16
    stalinsgran says:

    It is important …but try to spell it and then give me a clever, dismissve reply…..

    Like

  13. 17
    stalinsgran says:

    ight -0 guys I apologise…it is Elveden….so I was sort of right, and so were you……all of which seems fitting. Bless.

    Like

  14. 19
    Restless in Godalming says:

    Wouldn’t it be marvellous to wake up one morning and know that that name dropping disingenuous little turd has been banged up (in the shower hopefully) in one of Her Majesty’s little youth hostels?

    Oh well, I can but dream…

    Like

  15. 22

    It was not only phone hacking Morgan knew about. It was also receiving information illegally from the Met Police. I have provided Operation Eleveden with a letter Morgan sent to the PCC in which he writes “The police source of our article (whose identity we have a moral obligation to protect”.

    A further cover up is occurring with Eleveden refusing to interview Morgan about the letter see

    http://livinginamadhouse.wordpress.com/2014/07/08/piers-morgans-illegal-receipt-of-information-from-the-met-police-referred-to-the-ipcc/

    Like

    • 37

      Well Mr Henderson you are certainly tenacious .

      Best of luck in your efforts but you seem to be up agsinst the full Preatorian Guard of the circled wagons Establishment on this one .

      Perhaps you could team up with Guido to give your case more firepower (?)

      Like

  16. 23
    Objective Productions are allowing an abusive media star a media platform to sexually assault a vulnerable person. Unacceptable says:

    Slime. Piers Morgan should be locked up along with the rest of the criminal creeps. The Mirror are hypocritical leeching crooked scum.

    Like

  17. 24
    The Daily Record employed c*keheads in their advertising team. says:

    Trinity are hypocritical crooked scum.

    Like

  18. 25
    Debbie's immoral Brown arsehole in Objective Productions says:

    Piers Morgan is not qualified to play judge and jury with anyone. Infact him and his Brown arsewipe should be standing in front of judge & jury awaiting sentencing.

    Like

  19. 28
    BBC says:

    Payouts are so last-year.

    Like

  20. 30
    EeeYepBlowing Whistles says:

    No doubt that UKIP will be investigated for ‘stealing a council seat’ … meanwhile down Tower Hamlets way … the horsetrading appears to be continuing.

    N.B. P Eye – have covered much of T H’lets … and of a particular legal shyster who for a ‘fee’ is known to have covered up for ‘other’ councils around the UK. Ho Hum.

    Like


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