20-11-2018, 13:23
Nissan Chief Executive Officer Hiroto Saikawa declined to give details on what charges were expected against the two men in his impassioned late-night press conference Monday in Yokohama, outside of Tokyo, citing the ongoing criminal investigation. The board of Renault SA, where Ghosn is CEO, is scheduled to hold an emergency meeting Tuesday evening Paris time.
But some apparent details of the investigation have leaked via the Japanese media, where the allegations reported against Ghosn include:
- Nissan paid “huge sums” to provide Ghosn with residences outside Japan, according to a report by NHK, citing unidentified people
- Nissan didn’t disclose that it had provided Ghosn with the homes in its official securities reports to the Tokyo Stock Exchange; the residences, located in Rio de Janeiro, Beirut, Paris and Amsterdam, had “no legitimate business reason” and Ghosn wasn’t paying at least some of the rent
- NHK later reported that Ghosn may have kept some compensation approved by shareholders and intended for other executives
- The Nikkei newspaper, citing unidentified people, said that Ghosn may have used money meant for investment purposes to buy real estate for himself via overseas units. Nissan CEO Saikawa said Monday that Ghosn had both understated his income and misused company funds, including expenses and investment funds
Nissan wasn’t available for comment on the reports when contacted by Bloomberg News, and attempts to obtain a response from Ghosn or his representatives were unsuccessful.
worldscoop
But some apparent details of the investigation have leaked via the Japanese media, where the allegations reported against Ghosn include:
- Nissan paid “huge sums” to provide Ghosn with residences outside Japan, according to a report by NHK, citing unidentified people
- Nissan didn’t disclose that it had provided Ghosn with the homes in its official securities reports to the Tokyo Stock Exchange; the residences, located in Rio de Janeiro, Beirut, Paris and Amsterdam, had “no legitimate business reason” and Ghosn wasn’t paying at least some of the rent
- NHK later reported that Ghosn may have kept some compensation approved by shareholders and intended for other executives
- The Nikkei newspaper, citing unidentified people, said that Ghosn may have used money meant for investment purposes to buy real estate for himself via overseas units. Nissan CEO Saikawa said Monday that Ghosn had both understated his income and misused company funds, including expenses and investment funds
Nissan wasn’t available for comment on the reports when contacted by Bloomberg News, and attempts to obtain a response from Ghosn or his representatives were unsuccessful.
worldscoop
