Whistle-blowing Olympus chief returns to Tokyo
Michael Woodford, the sacked chief executive at the centre of the Olympus scandal, has returned to Tokyo to assist investigators
EX-OLYMPUS CHIEF Michael Woodford has returned to Tokyo for the first time since he blew the lid on one of the biggest corporate accounting scandals in recent memory.
Sacked for questioning suspicious merger and acquisition payments, Woodford said Tokyo metropolitan police were best placed to investigate the potential fraud, Reuters reports.
The 51-year-old Briton will meet prosecutors, regulators and police today and is due to attend his first board meeting since his unceremonious sacking tomorrow.
He argued against the camera maker’s shares being de-listed, in part because it will support maximum disclosure of information.
“Be it with me or without me, Olympus needs new management. I ask my fellow board members to have the dignity to accept the game is up,” he added.