Ex-Olympus CEO to Meet With Japanese Lawmakers
The former CEO who blew the whistle on a $1.7 billion accounting fraud at Japanese medical device-maker Olympus, will meet with ruling party lawmakers in Tokyo on Wednesday to urge corporate governance reforms.
Michael Woodford is returning to Japan after he was fired by the company’s board of directors in October. Several top executives at Olympus have resigned since the scandal broke.
Woodford will meet with members of a corporate governance panel within Democratic Party of Japan on Wednesday, according Reuters, citing a source familiar with the former CEO’s itinerary.
Woodford will also meet with members of the Liberal Democratic Party.
Published by Medicaldaily.com
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