Jon Snow
Why the Olympus scandal affects us
If Japanese corporate confidence sneezes we could all catch a cold that our immune systems are in no shape to combat.
Search results for ‘OLympus’
12 items found
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Serious Fraud Office launches Olympus prosecution
The SFO starts criminal proceedings against Japan’s Olympus and its UK subsidiary Gyrus Group after the 2011 conviction in Japan of Olympus executives for covering up $1.7bn losses.
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Ex-Olympus president arrested
Tokyo Police have arrested seven men as part of its investigation into the £1.1bn Olympus accounting fraud scandal. Amongst them is the company’s former president, Tsuyoshi Kikukawa.
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Olympus HQ raided by investigators
Japanese prosecutors search offices of the camera giant and homes of former executives as part of an investigation into a $1.7bn accounting scandal.
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Report condemns ‘rotten’ Olympus bosses
A damning report into the $1.7bn accounting scandal at Olympus has been published. Former CEO Michael Woodford tells Channel 4 News that the company’s auditors are partly to blame.
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Olympus admits it hid losses for decades
Japan’s Olympus finally admits to hiding losses on securities investments dating back to the 1980s, putting the future of the firm in doubt.
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Jon Snow
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Olympus chairman resigns amid payments scandal
The chairman of Olympus resigns after allegations of $687m worth of “improper payments”, but denies wrongdoing. Channel 4 News speaks to the man who first raised concerns over the payments.
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Olympus sets up panel after shareholder concern
Japanese camera giant Olympus sets up an independent panel to review previous takeovers after its sacked chief executive raises questions on Channel 4 News about “improper payments”.
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Olympus admits it paid deal advisers $687m
Japanese camera maker Olympus has admitted it paid $687m to financial advisers – or one-third of the transaction price – when it bought British medical equipment firm Gyrus in 2008.
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Ex-Olympus CEO’s concern over ‘improper payments’
The ousted CEO of Olympus tells Channel 4 News he was fired for raising questions about more than £1bn in alleged improper payments made during acquisitions by the company between 2006 and 2008.
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Man shot dead by police in Wood Green
A man has died after being shot during an “intelligence-led” police operation in north London.
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Sea off Japan hides volcano the size of Belgium
The world’s biggest volcano is discovered off the coast of Japan. But the underwater monster volcano last exploded in the Jurassic period, with only dinosaurs to watch it.
