Michael Woodford and the Billion Dollar Cover-Up
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Michael Woodford and the Billion Dollar Cover-Up
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About this listen
In this episode, you’ll hear the incredible true story of how a beloved Japanese brand — known worldwide for its high-end cameras and life-saving medical equipment — nearly collapsed under the weight of its own hidden secrets. You’ll follow Olympus from its early days building microscopes to its legendary OM-1 camera, through Japan’s economic boom and the shadowy practice of tobashi that buried losses for decades. You’ll meet Michael Woodford, the British executive who rose from the shop floor to the president’s office — only to discover the company he loved was rotting from the inside. And you’ll hear how one uncomfortable lunch, a tuna sandwich, and a stack of hidden payments exposed one of Asia’s worst corporate scandals, forcing Olympus to face its past and rebuild its future in public view. It’s a cautionary tale, a lesson in loyalty and courage, and a reminder that sometimes the truth finds its way out — no matter how hard it’s buried.
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