Olympus has dismissed its executive vice president after admitting concealing losses on investments. In the most serious revelation since the departure of former chief executive Michael Woodford, the company said that funds from previous acquisitions had been used to hide losses on securities investments since the 1990s. The news saw Olympus shares fall in value by up to 30% during Tuesday's trading.
|Leaving the office, Central London. by Edward48|
from Your City - Night Shift
|Running free by LassiM|
from My Best Photo of the Week
|Everyone's happy at Disney World! by Pixney|
from Disney World