Fired Olympus Chief Woodford to Attend Tokyo Board Meeting
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Former Olympus Corp. President Michael C. Woodford will attend a company board meeting this week for the first time since he was fired for questioning $687 million in advisory fees paid by the Japanese company.
Woodford will ask the board on Nov. 25 for a forensic investigation of the accounting on past acquisitions, he said in a telephone interview from London yesterday. Olympus on Nov. 8 admitted to using inflated costs related to takeovers to help cover up losses on investments it had been hiding for decades.