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Olympus: A Very Japanese Scandal

Olympus: A Very Japanese Scandal

Great Business Stories vor 3 Wochen

0:00

31:15

I have a very clear memory of this story because it became public
15 years ago in 2011, and I remember watching the news and seeing
Michael Woodford, the whistleblower being mobbed by the media in
Tokyo after he had found out and exposed a 20 year $1.7 billion
dollar fraud in Olympus the company where he had just been
promoted to the CEO role.

And what I love about this story is that it gives us a great
insight into Japanese corporate life, how saving face was, and
maybe still is prioritised over everything else. This story has
drama, strong characters and even the hint organised crime in the
form of the Yazuka- it’s a brilliant story- enjoy