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View Full Version : Olympus Prez to resign after accounting fraud of $1.7 billion - Firstpost



FraudNews
01-08-2012, 05:53 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF8GfxCQLbbgaTsqsQwyB qPu-sgUAamp;url=http://www.firstpost.com/world/olympus-prez-to-resign-after-accounting-fraud-of-1-7-billion-175354.htmlimg src=http://nt1.ggpht.com/news/tbn/4XUHP7n2tafqmM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Firstpost/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF8GfxCQLbbgaTsqsQwyB qPu-sgUAamp;url=http://www.firstpost.com/world/olympus-prez-to-resign-after-accounting-fraud-of-1-7-billion-175354.htmlbOlympus Prez to resign after accounting bfraud/b of $1.7 billion/b/abr /font size=-1bfont color=#6f6f6fFirstpost/font/b/fontbr /font size=-1The panel, which is expected to make an announcement later on Sunday, determined that Takayama and five other current company executives had breached fiduciary duty by not spotting a 13-year accounting bfraud/b that hid losses of $1.7 billion and thinned b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFLiVsTXVJwGzeejyp_qt w4Z_XWwAamp;url=http://www.reuters.com/article/2012/01/08/olympus-idUSL3E8C800I20120108Olympus eyes $1.2 bln suit, pres may resign/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d10JJUOAWc_MNdMS29IC NkfmFlCoMnobrball 46 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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