Tuesday, September 3, 2013

Olympus to be prosecuted by UK fraud agency for falsifying Gyrus accounting

A man passes a logo of Japan's Olympus outside the company showroom in Tokyo TOKYO (Reuters) - Olympus Corp said on Wednesday that Britain's fraud regulatory agency will prosecute the Japanese endoscope and camera maker and its UK unit Gyrus for deceptive financial accounting, following a two-year investigation. Olympus said the UK's Serious Fraud Office had charged it with breaching Section 501 of the UK Companies Act by providing "misleading, false or deceptive" material in its financial accounts for Gyrus Group in fiscal 2009 and 2010. The firm's acquisition of Gyrus was one of the deals called into question by a $1. ...








via Health News Headlines - Yahoo! News http://news.yahoo.com/olympus-prosecuted-uk-fraud-agency-falsifying-gyrus-accounting-033039078--sector.html

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