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OCPNY Olympus Corporation (PK)

18.00
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Olympus Corporation (PK) USOTC:OCPNY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.00 0.00 01:00:00

UK's SFO: Still Reviewing Material Provided By Olympus' Ousted CEO

16/11/2011 11:20am

Dow Jones News


Olympus (PK) (USOTC:OCPNY)
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The U.K.'s Serious Fraud Office is still reviewing material provided by Olympus Corp.'s (7733.TO) ousted Chief Executive Michael Woodford over the Japanese camera maker's attempt to hide investment losses, a spokeswoman for the organization said Wednesday.

"We continue to review and evaluate the material that was provided to us by Mr Woodford," a SFO spokeswoman said. Woodford provided the information to the SFO on Oct. 17 and 19, she added.

The spokeswoman declined to comment on media reports that the SFO has formally opened an investigation into Olympus.

Olympus last week admitted it had covered up investment losses from the 1990s and then tried to clean up its books with four acquisitions totaling near $3 billion.

-By Lilly Vitorovich, Dow Jones Newswires; 44-0-207 842 9290; lilly.vitorovich@dowjones.com

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