Ex-Olympus boss guilty of cover-up

Press Association
Tsuyoshi Kikukawa and Michael Woodford
Tsuyoshi Kikukawa and Michael Woodford

Former Olympus president Tsuyoshi Kikukawa has admitted guilt over a cover-up scandal of massive investment losses at the top Japanese camera and medical equipment company.


The scandal emerged last year when Michael Woodford, the British chief executive who turned whistleblower, raised questions about payments for financial advice and dubious acquisitions. Mr Woodford was then sacked.
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