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He said: "The crucial thing from our point of view is to know the extent of the wrongdoing and know exactly what happened".
Mr. Murdoch testified that the settlement was not a payment to cover up the extent of the wrongdoing at the newspaper, as some members of the committee suggested.
"The full extent of phone hacking is still not known and we hope that the Metropolitan Police's new investigation will uncover the full extent of the wrongdoing".
But the extent of the wrongdoing was particularly galling to Ayatollah Khamenei, who once exhorted prosecutors to find those responsible and "cut off the hands" of the guilty.
The omission is important as federal and state prosecutors determine the extent of the wrongdoing, according to people close to the bank.
But in the arcane world of real estate where tax assessments are more art than science, city officials say it is often difficult to untangle the extent of the wrongdoing at any one property.
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The Justice Department and the Manhattan district attorney's office are poring over HSBC records and still need more time to gauge the full extent of the potential wrongdoing, according to the law enforcement officials.
People familiar with the service member probe cautioned that while federal investigators by August had a firm grasp on the extent of the alleged wrongdoing regarding Sallie Mae's servicing of private student loans, the probe was ongoing.
State and federal prosecutors are pressing to complete a proposed settlement with the five companies even though they've only initiated a limited investigation that hasn't examined the full extent of the alleged wrongdoing, The Huffington Post reported Monday, citing interviews with more than two dozen officials and others familiar with the state and federal probes.
But state prosecutors and federal officials are pressing to complete a proposed settlement with the five companies even though they've initiated only a limited investigation that hasn't examined the full extent of the alleged wrongdoing, The Huffington Post reported last month.
In November, the department said it was "not aware of any issues that would prevent us from exercising this extension". People familiar with the service member probe cautioned that while federal investigators by August had a firm grasp on the extent of the alleged wrongdoing regarding Sallie Mae's servicing of private student loans, the probe was ongoing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com