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Har Olympus har drete på leggen


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At det er krangling i rosenes leir?

 

Former Olympus CEO Michael Woodford has launched a scathing attack on the company, following his removal from his post. Olympus had said Woodford was removed from his post over a difference in strategic direction between him and the rest of the Board of Directors. In a frank interview with the Financial Times, Woodford calls this 'utter nonsense' and states his belief that his removal relates to an investigation he had commissioned, into unusual payments and his suggestion that the board's Chairman and Vice Chairman should stand down over the issue. In response to suggestions that Olympus may try to prosecute him for disclosing this information, Woodford says: 'Bring it on.'

 

Edit: Litt mer tekst hos Photorumors.

 

From what I’ve read online, it seems that Olympus got themselves in a big mess. Reportedly, Olympus paid over $675 million (that equals to almost two years company’s earnings) to unknown accounts in the Cayman Islands. The company that received the payments disappeared two weeks later. The payments were supposed to be a commission for a recent acquisition, the only problems was that such deals are usually done on a 1-3% commission. In that case the commission was over 35%. There were even some acquisitions of organized crime involvement...

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