Olympus and former executives plead guilty to fraud
Former Olympus chairman Tsuyoshi Kikukawa has pleaded guilty to charges of falsifying accounts, covering up losses of $1.7bn (£1.1bn), at the opening of his trial.
Two other former executives, as well as the camera firm itself, filed a guilty plea in Tokyo District Court.
The three admitted to hiding losses dating back to the 1990s, which were brought to light by a former chief executive, Michael Woodford.
Mariko Oi reports.
Read More
Most watched/listened
-
Saudi drivers in 'sidewalk skiing' craze
-
Turtle rescued after swallowing plastic
-
Man plays guitar during brain surgery
-
Woolwich victim 'was soldier' - MP
-
Racehorses helped by keyhole surgery
-
Journey into an Icelandic volcano
-
Ethiopia's ancient rock churches
-
From tyres to shoes in Ethiopia
-
The Korean crisis - in 90 seconds
-
'Chechnya problem' in 99 seconds
-
Meet the ‘Queen of North Shields’
-
Preacher refuses to 'abhor' attack
-
Thousands complete Boston Marathon
-
The Queen and her passion for horses
-
Surgery cures girl's 'snake spine'
~RS~q~RS~~RS~z~RS~09~RS~)
