Wednesday 23 November 2011

Fired CEO of Olympus speaks with investigators (AP)

Former Olympus Corp. Chief Executive Michael Woodford is surrounded by the media upon his arrival at Tokyo's international airport at Narita on Wednesday Nov. 23, 2011. Woodford has returned to Japan for the first time since his firing last month triggered one of the biggest scandals to ever hit corporate Japan. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, FRANCE, HONG KONG, JAPAN AND SOUTH KOREAAP - The former chief executive of Olympus Corp. met with Tokyo prosecutors Thursday as they probe the Japanese camera and medical equipment maker's coverup of investment losses. A day later he plans to confront the Olympus directors who sacked him for questioning dubious deals.



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  • Japanese prosecutors have questioned a former vice president of Olympus over his alleged involvement in covering up investment losses, local media said Saturday.

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