Panel finds no evidence of organized crime in Olympus scandal
Dec 06, 2011 01:55 EST
TOKYO (Reuters) - An investigative panel on Tuesday found no link between organized crime and Japan's disgraced Olympus Corp, an outcome that may help it survive a $1.7 billion accounting scandal that ranks as one of the nation's worst.
Panel finds no evidence of organised crime in Olympus scandal
Dec 06, 2011 00:49 EST
TOKYO (Reuters) - An investigative panel has found no link to organised crime in the accounting scandal at Japan's Olympus Corp and has blamed two former executives for cooking its books over the past 13 years, Jiji news agency said on Tuesday.
Olympus panel 'to blame presidents over scam'
Dec 05, 2011 22:30 EST
A committee probing a massive cover up of losses at Japan's Olympus is to unveil its report Tuesday, and is expected to blame two former company presidents for approving the scheme, reports said.
Olympus shares surge as moment of truth approaches
Dec 05, 2011 21:52 EST
TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged on Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.
Olympus shares surge as moment of truth approaches
Dec 05, 2011 21:16 EST
TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.
Japan's Olympus shares surge as moment of truth approaches
Dec 05, 2011 21:09 EST
TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.
Japan's Olympus shares surge as moment of truth
Dec 05, 2011 20:59 EST
TOKYO (Reuters) - Shares in Japan's disgraced Olympus Corp surged Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.
Japan's Olympus hid up to $1.7 billion
Dec 05, 2011 08:12 EST
TOKYO (Reuters) - An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of involvement by organized crime in the cover-up, a source said Monday.
Japan's Olympus hid up to $1.7 billion, no proof of yakuza
Dec 05, 2011 06:41 EST
TOKYO (Reuters) - An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of involvement by organized crime in the cover-up, a source said Monday.
Japan's Olympus hid up to $1.7 billion, no proof of yakuza
Dec 04, 2011 20:55 EST
TOKYO (Reuters) - An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of involvement by organized crime in the cover-up, a source said Monday.
Olympus hid up to $1.7 billion, but no call for charges: source
Dec 04, 2011 19:13 EST
TOKYO (Reuters) - An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but stops short of recommending criminal charges against executives involved in the cover-up, a source said on Monday.
Olympus panel puts losses hidden at peak at $1.7 billion: source
Dec 04, 2011 18:36 EST
TOKYO (Reuters) - A panel appointed by Olympus Corp to probe the accounting scandal engulfing the Japanese firm estimates that Olympus hid investment losses totaling 130 billion yen ($1.7 billion) at the peak of the cover-up, a source familiar with the investigation said.
Panel to release report on Olympus scandal Tuesday: report
Dec 04, 2011 07:04 EST
TOKYO (Reuters) - An expert panel appointed by Japan's Olympus Corp to look into an accounting scandal at the disgraced firm will release its findings on Tuesday, Kyodo news agency said in a weekend report, opening the way for possible criminal complaints against former company executives.
Arrests in Olympus scandal could take weeks: lawyers
Nov 30, 2011 09:50 EST
TOKYO (Reuters) - Japanese authorities may take weeks to make any arrests over the accounting scandal at Olympus Corp, though initial findings by an investigative panel of experts are due to be released in days, lawyers said.
Arrests in Olympus scandal could take weeks: lawyers
Nov 30, 2011 02:52 EST
TOKYO (Reuters) - Japanese authorities may take weeks to make any arrests over the accounting scandal at Olympus Corp, though initial findings by an investigative panel of experts are due to be released in days, lawyers said.
Honduras Nativity scene depicts real-life violence
Nov 29, 2011 13:47 EST
An unusual Nativity creche on display in a Honduran shopping mall memorializes vivid scenes of gang violence, a police purge and the deaths of Osama bin Laden and Moamer Kadhafi among other real life events.
Venezuela captures top Colombian drug lord
Nov 28, 2011 14:13 EST
Venezuela has captured a major Colombian drug lord known as "El Valenciano," Colombia's President Juan Manuel Santos said here Monday during a visit with President Hugo Chavez.
US closes 150 websites in counterfeit crackdown
Nov 28, 2011 12:56 EST
US authorities said Monday they have shut down 150 websites offering counterfeit goods like sports jerseys and luxury handbags in an operation tied to the pre-Christmas shopping surge.
26mafia.ART
Nov 25, 2011 19:00 EST
The FBI once called him the acting boss of the Bonanno crime family - prompting one of New York's tabloids to call him the ``Bambino Boss'' because of his rise to power in his mid-30s. Nicknamed ``Sal The Iron Worker,'' he owned and operated a successful steel business in the United States.
Ex-CEO says Olympus 'could survive' scandal
Nov 25, 2011 06:47 EST
The ousted chief executive of Olympus told fellow board members on Friday to step down because of a huge accounting cover-up but said the Japanese firm "could survive" the scandal.