Topic: Cameras

Olympus board signals may quit by late-February

TOKYO (Reuters) - The entire board of Japan's Olympus Corp signaled its plans to quit, maybe as early as February, over a $1.7 billion accounting fraud, and set up an outside committee to advise whether to sue those responsible for the scandal.One ...
The committee probing a massive cover-up of losses at Japan's Olympus said Tuesday two former presidents approved the long-running scheme and that core management at the firm had been "rotten".The panel of lawyers and an accountant chosen by Olympus said Tsuyoshi Kikukawa ...

Legal action urged in damning Olympus report

TOKYO (Reuters) - An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan's disgraced Olympus Corp on Tuesday, urging legal action against the executives responsible for the cover-up and the replacement of other board members who knew.The ...

Legal action urged in damning report on Olympus

TOKYO (Reuters) - An independent panel issued a damning report into the $1.7 billion accounting scandal at Japan's Olympus Corp, urging legal action against executives behind the cover-up and the replacement of others who knew about it."The core part of management was ...

Panel urges legal action in damning report on Japan's Olympus

TOKYO (Reuters) - An independent panel issued a damning report into the $1.7 billion accounting scandal at Japan's Olympus Corp, urging legal action against executives behind the cover-up and the replacement of others who knew about it."The core part of management was ...

Panel finds no evidence of organised crime in Olympus scandal

TOKYO (Reuters) - An investigative panel has found no link to organised crime in the accounting scandal at Japan's Olympus Corp and has blamed two former executives for cooking its books over the past 13 years, Jiji news agency said on Tuesday.Jiji, ...

Olympus panel 'to blame presidents over scam'

A committee probing a massive cover up of losses at Japan's Olympus is to unveil its report Tuesday, and is expected to blame two former company presidents for approving the scheme, reports said.The Nikkei business daily said the committee -- comprising lawyers ...

Olympus shares surge as moment of truth approaches

TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged on Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.An outside investigative panel, which ...

Japan's Olympus shares surge as moment of truth approaches

TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.An outside investigative panel, which has ...

Japan's Olympus shares surge as moment of truth

TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.An outside investigative panel, which has ...