Olympus News RSS Feed for Olympus News Report News & Deals  ►

 Thursday, February 16, 2012
An investigation into Olympus Corp started in October after former CEO, Michael Woodford, exposed a major scandal. Results of the investigation have rocked the company and now include the arrest of 9 former executives and bankers according to Reuters.
 
TOKYO, Feb 16 (Reuters) - Japanese police and prosecutors have arrested seven men, including the former president of Olympus Corp and ex-bankers over a $1.7 billion accounting fraud -- one of the country's biggest corporate scandals.
 
Tokyo prosecutors arrested ex-president Tsuyoshi Kikukawa, former executive vice president Hisashi Mori and former auditor Hideo Yamada on suspicion of violating the Financial Instruments and Exchange Law, officials said on Thursday.
 
Read the rest of this sad story at Reuters. (thanks James)
Posted to: Canon News,
Category: Olympus News
Post Date: 2/16/2012 5:39:14 PM CT   Posted By: Bryan
   
Canon News, Nikon News Archives
2016   Jan   Feb   Mar   Apr   May
2015   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2014   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2013   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2012   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2011   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2010   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2009   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2008   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2007   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2006   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
2005   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
Feedback
Help  |  © 2003-2016 The Digital Picture, LLC  |  Bryan CarnathanPowered By Christ!