Olympus faces fresh questions

Pressure on scandal-hit camera-maker Olympus mounted yesterday after US patent records appeared to point to a possible conflict of interest in an investment in a cookware company.

A venture capitalist who managed an Olympus fund that invested $225m (£158.4m) in the new enterprise was part-owner of a cookware patent which he transferred to the target business, just as Olympus was pouring money into it, various documents appear to show. Olympus declined to comment.