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Japan May Fine Nissan

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TOKYO -- Japan's markets watchdog will likely recommend that the financial regulator fine Nissan up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn's compensation, a source said. A spokesman for the SESC declined to comment on specific cases, while Nissan was not immediately available for comment. Ghosn was arrested in Tokyo in November over allegations of financial misconduct, including understating his salary by around 9.1 billion yen ($84.71 million) over a period of nearly a decade and temporarily transferring personal financial losses to the books of Nissan.

Added on the 26/06/2019 07:31:17 - Copyright : Wochit

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