Tuesday, 15 November 2011

Exclusive: Olympus accounting tricks queried back in 1990s

TOKYO/MIAMI (Reuters) - An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to "invent" assets and patch up its balance sheet, he told Reuters.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1a16b9c8/l/0L0Sreuters0N0Carticle0C20A110C110C150Cus0Eolympus0Ebanker0EidUSTRE7AE0A5Z20A1111150DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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