Yet not a single director stood up in support of my efforts to expose what had taken place . '' NEW : Olympus board will appoint a panel to decide on legal action against ex-executives . An independent panel report said Olympus Corp. `` should remove its malignant cancer '' the culture of corruption and nepotism that has infected it for years now, including by former CEO Michael Woodford. Report : `` The management was rotten to the core , and infected those around it ''
NEW : Olympus board will appoint a panel to decide on legal action against ex-executives . An independent panel report said Olympus Corp. `` should remove its malignant cancer '' the culture of corruption and nepotism that has infected it for years now, including by former CEO Michael Woodford. Report : `` The management was rotten to the core , and infected those around it ''