Michael Woodford was promptly let go from Olympus a few months ago after discovering massive debt cover ups. BBC is reporting that Michael is back in Tokyo, trying to get re-instated as Olympus’ CEO. If it were my choice, I would welcome him back with open arms considering he had the courage to question serious accounting flaws while everyone else kept their mouths shut.
Olympus’s former chief executive, Michael Woodford, is back in Tokyo seeking to persuade investors to reinstate him as CEO of the scandal-hit camera manufacturer.
Mr Woodford has claimed that he was fired from the role for questioning accounting practices over which the company is now being investigated. – BBC