Japan's securities watchdog said on Tuesday that it was filing criminal complaints against medical equipment maker Olympus Corp and its former executives and outside advisers over the company's $1.7 billion accounting fraud.
Tokyo prosecutors and the metropolitan police last month arrested ex-President Tsuyoshi Kikukawa, former Executive Vice President Hisashi Mori, former auditor Hideo Yamada and former bankers advising Olympus on supicion of hiding huge investment losses through complex takeover deals. (Reuters)
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