Canada’s largest media company, News Corp., is under fire for a story on Monday about its alleged role in an international corruption ring, and the allegations are making headlines in the United States.
The story has been widely reported in the U.S., but Canada’s national news outlet, CBC, did not name the company in its story, which is based on a story from the online magazine Vice.CBC said in a statement Monday that it was not aware of the allegations and that it has “zero tolerance” for wrongdoing.CBC also did not comment on the story on its website, and CBC News reached out to the company but did not receive a response as of Monday morning.
The Vice article alleged that News Corp. and a subsidiary, MediaCorp, had used an international money-laundering network to launder millions of dollars through a variety of companies.
Vice reported that in addition to being a company that owns the website Vice, Media Corp. is also a member of the International Consortium of Investigative Journalists (ICIJ), a non-profit organization that investigates and publishes stories based on the work of journalists and investigative journalists around the world.
In the article, Vice said that MediaCorp had used the network to make money off of the sale of Canadian broadcasting rights to NBCUniversal and its Canadian partner, the CBC.
Vice also said that in exchange for the Canadian broadcast rights, Media Corporation was offering a $1.3 billion contract to acquire U.K.-based ITV and then, after that, to sell those rights to Fox Broadcasting.
The article said that by laundering money through a number of companies and banks, Media Corporations then laundered millions of thousands of dollars for the International Association of Chiefs of Police, a police force in the Philippines that the vice article alleged had been used to laundry millions of pounds for the Duterte government.
Vice said in the article that the investigation by Vice into the alleged money laundering by MediaCorp began in 2014 and that the company had been paying investigators $5 million a year for two years.
In addition to the allegations in the Vice article, the news outlet also said it had information that a “corporate criminal” was working with the Philippine government.
It did not identify the company.
Vice has been investigating a number people connected to the Philippine administration and their alleged involvement in corruption and money laundering for years.
It said that at least one of those individuals had connections to a member or associates of Duterte’s government, including a former mayor, former mayor-elect and vice mayor of Davao City.
The Associated Press contributed to this report.