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Former Olympus execs face new charges over losses

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Japanese prosecutors have pressed fresh charges against the former chairman of Olympus Corp and two other executives over the cover-up of massive investment losses. Tokyo prosecutors said Wednesday that Tsuyoshi Kikukawa and executives Hideo Yamada and Hisashi Mori face new charges of violating securities and financial laws for covering up losses between 2009 and 2011. (Japan Today)

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