10/12 3 guided Olympus' loss-hiding / Exchanged over 2,000 e-mails with firm execs; received 1.1 bil. yen


Members of a third-party investigation panel set up by Olympus Corp. speak at a press conference on Tuesday.
Three former employees of securities companies who instructed Olympus Corp. how to hide losses exchanged more than 2,000 e-mails with Olympus executives and received over 1.1 billion yen in compensation, according to a report by the company's third-party investigation panel.
The report revealed details about the role the three men played in the optical equipment manufacturer's concealment of losses by transferring deficits to overseas funds and acquiring foreign companies.