SFO takes on Olympus over accounting scandal

Kashflow logo
Freelance journalist
Share this content

The Serious Fraud Office (SFO) has started criminal proceedings against Olympus and its UK subsidiary in connection to a £1.1bn accounting scandal at the Japanese camera maker.

Olympus and Gyrus Group, a UK subsidiary of Olympus Corporation, have been charged with offences of making a statement to an auditor which was "misleading, false or deceptive," contrary to section 501 of the Companies Act 2006, the UK anti-fraud agency said.

Gyrus Group faces...

Please Login or Register to read the full article

The full article is available to registered AccountingWEB.co.uk members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.