Carmaker Nissan’s ex-chair Carlos Ghosn, arrested last month for breach of trust, is to be kept in pre-trial detention over Christmas and New Year. Ghosn was credited with making Nissan Motors a viable global competitor. A court in Tokyo on…
Carlos Ghosn: Court rejects request to extend detention (BBC)
In a surprise move, a court in Japan has rejected a request to extend the detention of Nissan’s former chairman Carlos Ghosn, paving the way for his release. Mr Ghosn has been charged with financial misconduct – accused of under-reporting…
Crisis worsens for Nissan after indictments (CNN)
Carlos Ghosn and Nissan, the Japanese automaker he saved from collapse, were indicted Monday on allegations of financial misconduct, deepening a crisis that already brought down one of the global car industry’s most iconic figures. Tokyo prosecutors said they indicted…
Ex-Nissan chief Ghosn charged, served with fresh arrest warrant (Guardian)
Japanese prosecutors Monday formally charged Carlos Ghosn with financial misconduct for under-reporting his salary and also served him a fresh warrant on separate allegations, meaning the tycoon will likely spend Christmas in a cell. It represents a stunning turnaround for…
Ghosn sacked as Mitsubishi Motors chairman (BBC)
Carlos Ghosn has been sacked as chairman of Mitsubishi Motors after his arrest in Japan over misconduct claims. It follows a similar move by Nissan last week amid claims he falsely understated his salary and used company money for personal…
Nissan set to fire boss over ‘misconduct’ (BBC)
Japanese car giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims. The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been under-reporting his pay package.…
