Readers deserve to be informed - Myler (News of the World)

"The newspaper was in the dock for publishing details of his five-hour S&M orgy with five prostitutes in a secret Chelsea flat.

"In court Mr Mosley admitted to enjoying these practices for the past 45 years, a fact of which his wife and children were unaware.

"The judge has ruled that Mr Mosley's activities did not involve Nazi role-play as we had reported, but has acknowledged that the News of the World had an honest belief that a Nazi theme was involved during the orgy.

"The newspaper believed that what it published on March 30, 2008 was legitimate and lawful and, moreover, that publication was justified by the public interest in exposing Mr Mosley's serious impropriety.

"As the elected head of the FIA, Mr Mosley is the leader of the richest sport in the world, with a global membership of almost 125 million.

"This newspaper has always maintained that because of his status and position he had an obligation to honour the standards which his vast membership had every right to expect of him.

"Taking part in depraved and brutal S&M orgies on a regular basis does not in our opinion, constitute the fit and proper behaviour to be expected of someone in his hugely influential position.

"We are delighted that the judge has acknowledged that Mr Mosley is largely the author of his own misfortune.

"We are also pleased that the judge did not award Mr Mosley exemplary damages. He found that the notion of such punitive awards has no place in this creeping law of privacy.

"The News of the World believes passionately that its readers deserve to be informed of when the trust is placed in their elected leaders and public officials has been violated.