SFO CONFIRMS PROBE INTO JAPAN’S OLYMPUS

BY ALAN OSBORN THE SERIOUS Fraud Office in the UK has confirmed to Fraud Intelligence it is opening an inquiry into Japanese photographic and electronics group Olympus, which is already being probed by the US Federal Bureau of Intelligence (FBI). A number of Olympus executives have been questioned by US authorities over alleged accounting malpractices at the company following the sacking of the British chief executive Michael Woodford in October. Mr Woodford had exposed suspicious payments made by the company under his predecessor. Michael Knüfer, Olympus ...


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