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Prosecutors file charges against Nissan, CEO Ghosn for underreporting pay

Ghosn was arrested on Nov. 19 on suspicion of conspiring to understate his compensation by about half of the actual $88 million over five years from 2010

Reuters  |  Tokyo 

Tokyo prosecutors officially charged ousted Nissan Motor chairman Carlos Ghosn on Monday for under-reporting his income and extended his detention on suspicion of additional financial misconduct. The prosecutors also indicted Nissan for filing false financial statements, making the Japanese automaker culpable for the scandal that has shocked the auto industry. Ghosn was arrested on Nov. 19 on suspicion of conspiring to understate his compensation by about half of the actual 10 billion yen ($88 million) over five years from 2010. He has been held in a Tokyo jail since then for ...

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First Published: Mon, December 10 2018. 13:43 IST
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