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Olympus Whistleblower Concerned By Nikkei Purchase Of FT

Michael Woodford, the whistleblower who exposed a $1.7 billion fraud inside Olympus, said that he was “cynical and deeply troubled” about Pearson’s sale of the Financial Times to Nikkei. Speaking to The Times, he said: “The Nikkei is known as the corporate voice piece of Japan and has a notorious reputation for being leaked [price-sensitive] company information. In contrast to the FT, which broke the news [of the Olympus scandal], the Nikkei was like the public relations office for Olympus.”

Read the whole story at The Times »

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