Nissan chairman Ghosn to be arrested for violating financial law

Source: Xinhua| 2018-11-19 17:36:39|Editor: xuxin
Video PlayerClose

TOKYO, Nov. 19 (Xinhua) -- Carlos Ghosn, chairman of the Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. alliance, is set to be arrested for allegedly violating a financial law, local media reported Monday.

According to the reports, Ghosn, who was questioned Monday by the Tokyo District Public Prosecutors' Office, is facing arrest on suspicion of under-reporting his corporate salary, sources close to the matter said.

Investigators with the Tokyo District Public Prosecutors Office have been looking at suspected violations of Japan's Financial Instruments and Exchange Law and believed that Ghosn may have filed corporate financial statements and entries that were millions of U.S. dollars less than actual earnings, sources said.

A spokesperson for Nissan Motor said of the matter that "we are currently checking the facts."

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376175151