Olympus to be prosecuted
The BBC has reported that Japanese camera and medical equipment maker Olympus and its UK subsidiary Gyrus Group will be prosecuted by the UK's Serious Fraud Office.
They have been charged with providing "misleading, false or deceptive" material in accounts for Gyrus Group.
In Japan three former executives have been given suspended jail terms over the $1.7bn (£1.1bn) accounting scandal which came to light in 2011.
Former chairman Tsuyoshi Kikukawa and executives Hisashi Mori and Hideo Yamada were sentenced for their role, after pleading guilty last year to charges of falsifying accounts to cover up losses of $1.7bn.
Earlier this year, a Japanese court ordered Olympus to pay 700m yen ($7m; £4.5m) in fines.
The company's takeover of UK firm Gyrus was wrapped up in the false accounting, and the Serious Fraud Office was brought in to investigate after whistleblower Michael Woodford raised the alarm, challenging suspiciously large payments related to acquisitions.
See how Olympus compare to other brands in our guide to digital cameras.
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