Former Nissan Chair Carlos Ghosn Charged with Financial Misconduct

Carlos Ghosn at Datsun Launch New Delhi India, 2013. Credit: Bertel Schmitt

(From The Guardian)

Prosecutors in Japan have charged the former Nissan chairman Carlos Ghosn with under-reporting his income by tens of millions of pounds, as the fallout from the scandal threatened to engulf other senior executives.

Ghosn, whose arrest on 19 November rocked the Japanese car industry and cast doubts over the future of Nissan’s alliance with Renault, is facing another 20 days in detention after prosecutors added to the charges against him and another Nissan executive, Greg Kelly.

Click here for the article.