Despite receiving investment offers, Olympus (OCPNY.PK) President Hiroyuki Sasa believes the...

|About: Olympus Corp. ADR (OCPNY)|By:, SA News Editor

Despite receiving investment offers, Olympus (OCPNY.PK) President Hiroyuki Sasa believes the company may be able to recover from its $1.7B fraud scandal without accepting the money. It seems like a tough ask: Sasa wants to strengthen Olympus' capital ratio from 4.4% to 30%-40%, implying the need for an extra ¥240B ($2.93B) to ¥330B.