After the massive scandal that
rocked the Volkswagen Group over doctored diesel emissions a few years ago,
here comes another one involving the top man of Renault-Nissan-Mitsubishi
Alliance Carlos Ghosn for financial irregularity.
Carlos Ghosn, 64, chairman and
CEO of the Renault-Nissan-Mitsubishi alliance is likely to be arrested soon
according to a report in the Asahi Shimbun, a respected daily newspaper of
Japan. According to the newspaper’s sources, prosecutors were moving toward
arresting Nissan Motor Co. Chairman Carlos Ghosn on Nov. 19 on suspicion of
under-reporting his corporate salary. .
Ghosh has been suspected of under-reporting
of his corporate salary by several hundreds of millions of yen, sources told
the Asahi newspaper. “Investigators with the Tokyo District Public Prosecutors
Office were looking at possible violations of the Financial Instruments and
Exchange Law that relate to false entries on corporate financial statements,”
said the newspaper. .
Prosecutors are expected to arrest
Ghosn soon for questioning. Ghosn has been a very successful corporate leader,
being the boss of Renault and Nissan and now with Mitsubishi being a part of
the Alliance, he is also the chairman of Mitsubishi Motors since 2016.
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