Former Olympus CEO Stefan Kaufmann found guilty of drug possession in Japan, sentenced to suspended jail time.

Former Olympus CEO Stefan Kaufmann was found guilty of purchasing drugs including cocaine and MDMA in Tokyo. The Tokyo District Court sentenced Kaufmann to a 10-month suspended jail term. Kaufmann, a German national, resigned in October after the drug allegations emerged. Olympus, known for its camera business, has shifted focus to medical equipment. Japan enforces strict drug laws, leading to severe penalties.

3 months ago
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