FORMER OLYMPUS CEO Michael Woodford is visiting Japan to drum up support for a new board to lead the scandal-hit firm.
Ejected for exposing questionable accounting at the 92-year-old camera maker, Woodford will need the backing of shareholders and investors, Reuters reported.
Japanese stock holders have yet to publicly back the executive, who at one point believed his life to be in danger if he stayed in Japan.
The current Olympus board, almost all of which has served since the creative accounting began in the 1990s, said it plans to stay in place for now.
In an attempt to deal with corruption concerns, the board appointed an independent panel to investigate controls and management within the company.
The panel, composed of five lawyers and an accountant, slammed the board and criticised auditors KPMG and Ernst and Young for their part in the scandal.
The Middle East arm of Deloitte and Touche is being sued by a Dubai-based investment group after it failed to spot money laundering at a now defunct Lebanese bank
Smith & Williamson has named Grant Hotson as group finance director
PwC’s UK risk assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services
Cowgill Holloway Business Recovery has concluded the sale of assets of film distributor Metrodome to independent movie distributor 101 Films following appointment as administrators