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Summary A third-party panel investigating an accounting coverup at Olympus Corp.
It has become one of Japan s biggest corporate scandals is to release its findings later Tuesday.After initially denying any wrongdoing, the camera and medical device maker has admitted it hid past investment losses with questionable acquisitions and expensive fees paid to an obscure Wall Street firm.The murky transactions were first brought to light by former CEO Michael Woodford, who was sacked by the board in October when he raised questions about them.Olympus risks being listed from the Tokyo Stock Exchange if it doesn t rectify past filings with regulators by reporting revised earnings by Dec. 14.Olympus is now under investigation in Japan, the U.S. and Britain.
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