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Suspended jail for ex-Olympus execs in Japan cover-up

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(Globalpost/GlobalPost)

A Japanese court on Wednesday handed suspended sentences to three former Olympus executives accused of engineering a massive accounting fraud at the camera and medical equipment maker.

Prosecutors had asked that a five-year jail term be given to sacked company president Tsuyoshi Kikukawa and lesser sentences for ex-vice president Hisashi Mori and auditor Hideo Yamada.

The sentences from the Tokyo District Court, ranging from three-years for Kikukawa and Yamada to two-and-a-half years for Mori, carry no immediate jail time.

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http://www.globalpost.com/dispatch/news/afp/130703/suspended-jail-ex-olympus-execs-japan-cover-0