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Nissan CEO Ghosn Arrested


FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) - Nissan Motor Co Ltd’s (7201.T) chairman, Carlos Ghosn, has been arrested, the Yomiuri daily said on its website on Monday. The Japanese automaker said earlier on Monday that Ghosn had used company money for personal use and that it had been investigating possible improper practices of Ghosn and Representative Director Greg Kelly for several months.

Added on the 19/11/2018 08:31:17 - Copyright : Wochit

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  • Nissan CEO Carlos Ghosn Arrested

    YOKOHAMA (Reuters) - Nissan Motor Co (7201. T) Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a charismatic leader hailed for rescuing the Japanese carmaker from close to bankruptcy. Ghosn is also chairman and chief executive of Nissan’s French partner Renault (RENA.PA) and one of the best known figures in the global car industry, and his departure will raise questions about the future of the alliance.

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