Go ahead then, say so publicly. Your local paper will do.I rather think he'd be better off suing the Times for unfair dismissal (sacked for fabricating a quote). Perhaps he should have sued Michael Howard, when he was sacked from the Shadow Cabinet for lying in public about not having an affair with Petronella Wyatt. He had his chance, and strangely he didn't take it.
It's not libel if it's the truth, I'm afraid.