crime

Olympus, Gyrus unit to be prosecuted in UK for fraud

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Kikukawa and the other criminals convicted in this case, despite receiving no penalty, have already been kicked out. Almost all of the remaining staff are decent hard working folks who did nothing wrong. Why punish these folks? It is too little, too late. Useless! Once again, what example are we supposed to show our children when our society is run by these people? Sigh.

1 ( +2 / -1 )

700 million yen fine thats just pathetic, should be at least 10X that to make them take notice, lets hope the SFO hammers them hard. will make the new batch of CEOs really think twice before they try it again

3 ( +3 / -0 )

hiding 1.7 billion and getting fined 6.9 mil If I ever s.ew up I hope that is the court I end up In . What a complete joke!!. Oh forgot what ever happened to the whistle blower TODAY?? does any one know?

1 ( +1 / -0 )

700 million yen fine thats just pathetic, should be at least 10X that to make them take notice, lets hope the SFO hammers them hard.

The Serious Fraud Office doesn't exactly have a stellar reputation for hammering people hard.

http://www.bbc.co.uk/news/business-19323170

0 ( +0 / -0 )

Those working for the companies in Britain had better run -- they're not likely to benefit from the suspended sentence paradise that is Japan when it comes to corporate scandals.

0 ( +2 / -2 )

mataka: Almost all of the remaining staff are decent hard working folks who did nothing wrong.

Yes. Oly is a good company whose people have high quality engineering expertise. They have been mistreated by the top management - let them alone to continue getting the company back on track.

-1 ( +0 / -1 )

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