Japan's disgraced Olympus Corp is preparing to take legal action including possible criminal complaints against any executives found responsible for the accounting scandal engulfing the firm, accordin

Japan's Olympus mired in a loss cover-up scandal plans to correct financial statements going back two decades while authorities are set to question former managers, media reports said on Saturday.

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Lenders will confront Japan's Olympus Corp next week to demand an explanation for an accounting scandal engulfing the firm, a banking source said on Friday, though he denied reports that they intended

Olympus Corp. said on Tuesday that the top executives used acquisitions to hide massive losses, reversing denials of any wrongdoing.

As the Satyam scam had hit India, this scam emerged as one of the

Japanese camera maker Olympus on Tuesday said it had dismissed its executive vice president, after it acknowledged wrongdoing for the first time in a scandal over fees paid in a series of deals.

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