Olympus President before coming to the United States under investigation
Posted by serenawordof on Friday, March 16, 2012
Japan Olympus optical industry company President before the British, Michael wood ford 26 left Tokyo, to New York, USA, is the enterprise hide investment loss the United States investigators accepted inquiries.
Wood ford arrived in the United States will be influenced by the fbi and justice department officials information, is polarized sunglasses scheduled to return to 30, London, England.
Olympus to expose scandals last month, said the 1980 s to 90 at the end of the enterprise s financial products to invest in the stock and real estate market bubble burst suffered huge losses. The Japanese media have estimated that, Olympus hide investment losses could be more than 100 billion yen ($1.3 billion).
It never rains but it pours. Olympus aspects 25 said, an American people nba jerseys represent other investors to a court in Pennsylvania filed a class action, identify the enterprise to provide them with false financial statements at least five years.
On the same day at the board of directors at wood Olympus high level meeting. This is the first time since he dismissed in the board meeting.
Wood April this year at Olympus as President, after taking office found that the previous mergers and doubtful points and heavy, the chairman of sichuan just and other senior management personnel involved. His letter October chrysanthemum sichuan's vice President for just and ambition, demand the resignation of two people. Olympus then to "arbitrary" removes for wood ford presidency. Wood immediately at to the United States, Britain, Japan and other countries securities trading regulators and the news media disclosure inside information.
This month 23, at wood arrived in Tokyo, assist JingShiTing, local JianChaTing Tokyo and Japanese securities and exchange commission investigation department and so on. 26, he is about to fly to the United States when narita airport in Tokyo, said the Japanese government to investigate the scandal. "I know, they will not biased survey, flip each stone, traced to capital flows."
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