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Olympus shareholders given chance to quiz board members

Japanese camera maker to aims to hold managers to account over fraud claims at emergency meeting on 20 April

Olympus, the Japanese camera maker suing 19 current and former executives over accounting fraud, has told the Tokyo stock exchange it will hold an emergency shareholders’ meeting on 20 April.

Michael Woodford, the firm’s whistle-blowing former CEO, has said he will attend.

“This will be the first formal opportunity for all of the company’s shareholders to question and hold its management to account,” Woodford said in a statement Sunday.

A special committee will nominate a new board by mid-March and investors will vote on new management in April. The agenda for the April meeting is yet to be decided. © 2012 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds