Ghosn rejects report of inappropriate use of Nissan money

Carlos Ghosn pictures

Former Nissan Motor CEO Carlos Ghosn rejected any impropriety over payments he made during his reign at the automaker, after a newspaper report that Japanese tax authorities determined he used company funds for private use. “Mr. Ghosn categorically rejects that there was anything improper about the payments or donations at issue, all of which were […]

Nissan Motor retains Saikawa as CEO

Hiroto Saikawa

Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]

Carlos Ghosn indicted on misappropriation charge in ‘most serious allegation’ yet

Carlos Ghosn Renault-Nissan

The Tokyo District Public Prosecutor’s Office on Monday indicted former Nissan Motor Chairman Carlos Ghosn for a fourth time, this time he is charged for alleged misappropriation of the company’s money for personal use — an accusation referred by legal experts as the most serious brought against him so far. With the latest charge, Ghosn […]