seven former Olympus executives pleaded guilty on the 1990s to filing false financial reports . Case in connection with a $ 1.3bn accounting fraud at the Japanese camera company . Including money that outside financiers kept in return for helping arrange the deception , roughly Y135bn was `` appropriated to maintain the scheme '' , a civil investigation commissioned by the company concluded in December . Ex-president : `` As the representative director and president , I bear full responsibility ''
seven former Olympus executives pleaded guilty on the 1990s to filing false financial reports . Case in connection with a $ 1.3bn accounting fraud at the Japanese camera company . Ex-president : `` As the representative director and president , I bear full responsibility ''