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Japan prosecutors raid Olympus

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Japanese prosecutors raided the headquarters of Olympus Corp. on Wednesday as part of an investigation into the cover-up of massive losses at the camera and medical equipment maker. Japanese prosecutors confirmed the raid, which was also broadcast on national television. A trail of dark-suited officials were shown marching solemnly into the downtown Tokyo office building. Olympus said it would fully cooperate with the investigation by prosecutors, police and financial authorities. "We apologize deeply again for the great troubles and worries we have caused our shareholders, investors, customers and others," it said in a statement. NHK TV said the suburban home of former President Tsuyoshi Kikukawa, suspected of helping to orchestrate the cover-up, was also raided. (AP)

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