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Ex-Olympus CEO Kaufmann indicted on drug charges

3 Comments

Former Olympus Corp CEO Stefan Kaufmann was indicted for allegedly receiving illegal drugs, though he will not be detained, Tokyo prosecutors said Wednesday.

Kaufmann is suspected of having taken possession of cocaine and the synthetic drug MDMA multiple times in Tokyo in 2023, the prosecutors said. He had admitted to the allegations, according to a source close to the case.

He stepped down as president after the board of the Japanese optical precision equipment maker asked him to resign amid allegations that he had purchased recreational drugs, Olympus said in late October. Kaufmann joined a European unit of Olympus in 2003.

In April 2023, Kaufmann, originally from Germany, became the CEO of Olympus.

© KYODO

©2024 GPlusMedia Inc.

3 Comments
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Another Carlos Ghosn? It was good choice that Michael Woodward left Japan as soon he got a chance.

-5 ( +1 / -6 )

@sakurasuki No, the circumstances are quite different! Kaufmann has admitted to the charges whereas Ghosn denied any guilt! And if you read the article, you will see that Kaufmann has not been taken into custody.

7 ( +7 / -0 )

He's not being detained after getting cocaine and MDMA? Don't common people get detained merely for having pot? Seems like a double standard.

0 ( +2 / -2 )

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