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September 6, 2024 at 7:05 pm

Murdoch Family, NewsCorp Takes Loan into Hundreds of Millions of Dollars from Central Bank of China…

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by Noel Fritsch at National File

In the middle of a billion dollar litigation fight with Dominion Voting Systems, Rupert Murdoch’s News Corp empire, which owns Fox News, Sky News Australia, The Australian, Fox News and The New York Post, agreed to take $100 million loan from the state-owned Bank of China’s New York branch, among other loans, totaling over one billion dollars.

As our own Frankie Stockes reported at the time,

On March 29th, 2022, Rupert Murdoch, under the banner of his News Corp conglomerate, entered into a massive credit agreement that features mega-loans from multiple banks, including the CCP-run Bank of China. Also involved in the deal are a number of American banks that have been longtime sponsors of anti-American activities. In all, the loan is worth $1.25 billion, with $100,000,000 of it coming from the CCP.

The loan from the Central Bank of China is part of a much larger $1.25 billion loan package from the likes of Chase, CitiBank, J.P. Morgan, and Bank of America.

The one-and-a-quarter BILLION dollar loan package was announced on Thursday, March 31st of 2022, nearly exactly one year after Dominion Voting Systems filed a $1.6 billion defamation lawsuit against Fox News and alleged that Fox News “falsely claimed that the voting company had rigged the 2020 election,” according to AP reports…

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