CORRECTED: Ex-Olympus chief and two executives quit: company

25th November 2011, Comments 0 comments

The ex-chairman of Olympus has quit along with two other former executives amid a loss cover-up scandal, the company said, triggered by the sacking of the Japanese camera firm's British chief executive.

Tsuyoshi Kikukawa resigned from the firm's board ahead of a key company meeting Friday, it said in a statement late Thursday, adding that its disgraced former executive vice president and corporate auditor also formally stepped down as company directors.

"The company decided to accept their resignations as we have judged there will be no problem in getting their cooperation for the investigation, considering the three people have cooperated sincerely on (the) investigation since the problem came to light and they said they would do so in the future," Olympus said, referring to an ongoing probe of the firm's accounting.

© 2011 AFP

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