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(单词翻译:双击或拖选)
Olympus camera scandal
The former Chairman of Olympus cameras and two other former executives have been arrested. The company has admitted it hid more than $1.5 billion in investment losses. The scandal was revealed by Olympus's British CEO Michael Woodford who says he was fired for questioning past transactions.
Reporter
Roland Buerk
Report
The arrests are the latest step in investigations1 by the Japanese authorities into one of the country's biggest corporate2 scandals.
The former chairman of Olympus Tsuyoshi Kikukawa is being held under suspicion of violating the Financial Instruments and Exchange law.
The company's former executive vice3 president and its former auditor4 have also been arrested.
An independent panel set up by Olympus blamed the men for orchestrating the cover-up of more than $1.5 billion in investment losses.
The company has lost nearly half its value since the scandal became public last October.
Olympus is suing 19 current and former executives.
And there's speculation5 it may need to merge6 or form new alliances with its rivals to rebuild its battered7 balance sheets.
1 investigations | |
(正式的)调查( investigation的名词复数 ); 侦查; 科学研究; 学术研究 | |
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2 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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3 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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4 auditor | |
n.审计员,旁听着 | |
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5 speculation | |
n.思索,沉思;猜测;投机 | |
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6 merge | |
v.(使)结合,(使)合并,(使)合为一体 | |
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7 battered | |
adj.磨损的;v.连续猛击;磨损 | |
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