Renowned actor George Clooney has been tapped to direct a film based on a British phone hacking incident that took place several years ago.

The film, which is adapted from reporter Nick Davies' book, will also be co-produced by Clooney, according to the NY Daily News.

Clooney released a statement where he revealed that the film will have "all the elements - lying, corruption, blackmail at the highest levels of government by the biggest newspaper in London. And the fact that it's true is the best part."

The actor also called Davies "a brave and stubborn reporter" and said that it was his honor to bring his book to life, News Day reported.

"Hack Attack" follows the story of an eight-month criminal trial that took place more than three years ago after it was discovered that News of the World reporters hacked the phone of murdered teenager, Milly Dowler, Business Week noted.

Andy Coulson, the News of the World's former editor and aid to Prime Minister David Cameron was eventually sentenced to 18 months in prison for allegedly participating in a conspiracy to listen to the recorded messages, the same publication noted.

"Prosecutors failed to win convictions of any of the other defendants in the case who went to trial. Rebekah Brooks, the former head of News Corp's U.K. unit, was acquitted of hacking, bribery and perverting the course of justice charges."

Three News of the World journalists and a private detective pled guilty before the trial officially commenced last year.

One of the first lawyers to represent victims of the phone hacking incident, Mark Lewis, spoke about the upcoming film "Hack Attack" and said in a statement, "I'm sure it will make a great factual drama of the story. I have no idea who would play me. Can George Clooney do an English accent?" he teased.