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Governance poor at Nissan, says committee set up to study Ghosn scandal

Carlos Ghosn has been charged with three counts of financial misconduct and has been detained in Tokyo since his arrest on November 19.

Reuters 

A special committee set up by Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said it appeared that the Japanese carmaker suffered from poor governance procedures, including director compensation. Ghosn has been charged with three counts of financial misconduct and has been detained in Tokyo since his arrest on November 19. Ghosn denies the charges against him, which include understating his salary for a total of eight years and temporarily transferring personal financial losses to Nissan's books. After the special ...

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First Published: Sun, January 20 2019. 19:54 IST
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