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View all search resultsJapanese 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.
Monday marked one week since the arrest of Carlos Ghosn, then chairman of Nissan Motor Co. In addition to the suspicions that led to his arrest — that Ghosn, 64, understated his executive remuneration on the firm’s securities reports by about ¥5 billion — allegations of wrongdoing involving Nissan funds have emerged one after another.
Carlos Ghosn, Nissan Motor Co.’s former chairman, instructed his aides to write a memorandum every year stating that he would receive remuneration of about ¥1 billion annually after retiring his post as an executive, according to sources.
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