UK prosecutor faces legal hurdle in Olympus case

LONDON (Reuters) – The UK anti-fraud agency seeking to prosecute Japan's Olympus Corp for misleading an auditor needs first to clarify whether a company can commit certain offences under UK law, a London court heard on Tuesday. Britain's Serious Fraud Office (SFO) last week brought five charges against the endoscope-to-camera maker and Gyrus, its UK medical equipment subsidiary, which have battled to restore a reputation decimated by a $1.7 billion (1 billion pounds) accounting scandal. …