Top-managers of Olympus, who hid losses of the company for 20 years, suspected of having links with the Japanese mafia, writes The New York Times, with reference to the note prepared by the investigators of the Police Department in Tokyo.
As stated in the document, the investigation is going to check the information that the yakuza could help the management fee Olympus output of the company funds.
The newspaper said that the note also said the amount of questionable payments of 481 billion yen (6.25 billion dollars), while the statements were only $ 1.4 billion of this amount. Thus, the unaccounted for were 4.9 billion dollars.
Authorities have confirmed that with regard to management Olympus under investigation, but declined to comment on its details.
According to Kyodo, this weekend the investigation questioned the head of the board of directors Olympus Tsuyoshi Kikukavu, Vice President Hisashi Mori and Hideo Yamada internal auditor. Previously, the current head of Sweet Takayama accused of managers in the machinations that led to losses.
For the first time about questionable payments to the Olympus said the Briton, Michael Woodford, who was previously CEO of the company, but lost his post after being summoned to clarify the details of certain transactions. Later, Takayama admitted that the company has over 20 years to conceal losses, but then did not specify any of the amounts involved.