Olympus executives plead guilty fraud september 25 2012

Former Olympus chairman Tsuyoshi Kikukawa, accompanied by his lawyers, enters the Tokyo District Court for his first hearing of the trial in Tokyo on September 25, 2012. Scandal-wracked Olympus and three of its former top executives pleaded guilty in court over charges that they deliberately hid losses worth US $1.7 billion after a series of bad investments.