Ex-chairman Tsuyoshi Kikukawa of Olympus
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Tokyo prosecutors charge Olympus and former executives

Tokyo prosecutors have charged camera-maker Olympus and three of its former executives in connection with a $1.7bn (£1bn) accounting cover-up.

Ex-chairman Tsuyoshi Kikukawa, former executive vice-president Hisashi Mori and former auditor Hideo Yamada are among those charged with falsifying securities reports.

Olympus has admitted to hiding these losses for over 20 years, in one of Japan's biggest corporate scandals.

Altogether six key figures in Japan's corporate world have been charged.

Mariko Oi reports.

  • 07 Mar 2012
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