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Ex-Nissan Chairman Ghosn Denies Falsifying His Income – Report

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Nissan’s Chairman To Be Arrested In Japan For Alleged Financial Violations

Carlos Ghosn, who was dismissed as Nissan Motor chairman last week following his arrest for allegedly under-reporting his salary, has denied the charge, Kyodo News agency reported on Sunday, citing unnamed sources.

Nissan ousted Ghosn, who also serves as chairman of Renault and Mitsubishi Motors, at its board meeting on Thursday, after Tokyo prosecutors arrested him on November 19 on suspicion of understating his pay package by about 5 billion yen (44 million dollars).

Greg Kelly, former Nissan representative director who was arrested for allegedly collaborated with Ghosn, has also denied the allegation, Kyodo said.

Ghosn and Kelly remain in Japanese custody and no comments from the two have been made public since their arrest.

Mitsubishi Motors will hold its board meeting on Monday to discuss whether to remove Ghosn as chairman, Japanese media reported.

A spokesman for the carmaker confirmed Monday’s board meeting, but he declined to comment on details.

Though Ghosn remains chairman and chief executive at Renault, the carmaker held a board meeting on Tuesday during which chief operating officer Thierry Bollore was appointed to run the company on an interim basis.

The French carmaker says it does not have evidence to make any final decision and has appealed to Nissan to provide it with any relevant information.

French Finance Minister Bruno Le Maire told BFMTV on Sunday that Renault, of which the French government is a major shareholder, had launched an internal review into the allegations against Ghosn.

Le Maire said that he has so far not received any information from Nissan or the Japanese government about the accusations against Ghosn.

 





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