Nissan Motor's former chairman Carlos Ghosn reportedly received compensation of more than nine million dollars from an affiliated company without the knowledge of other board members.
Sources say an in-house probe by Nissan revealed that Ghosn allegedly received the money in 2018 as compensation from Nissan-Mitsubishi B.V. in Holland.
Prosecutors have brought a new indictment against Nissan's former chairman Carlos Ghosn. The former auto tycoon has been charged with aggravated breach of trust, and with violating a financial law by underreporting his compensation.
Prosecutors say Ghosn shifted personal foreign exchange contracts with potential losses of about 16 million dollars onto Nissan.
Tokyo prosecutors have brought a new indictment against Nissan's former chairman Carlos Ghosn. The former auto tycoon has been charged with aggravated breach of trust and with violating a financial law by underreporting his compensation.
It's alleged Ghosn inappropriately transferred funds from a Nissan subsidiary to a Saudi Arabian businessman's company after the man helped Ghosn cover personal investment losses.
Former Nissan Motor chairman Carlos Ghosn has spent 50 days in detention since he was first arrested in November for suspected financial misconduct.
His lawyer says Ghosn was told at the end of last year that he could request a procedure to deliver his opinion in an open court. The defendant reportedly said he wants to express his thoughts in his own words in front of judges.
NHK has learned that former Nissan Motor chairman Carlos Ghosn tried to loan millions of dollars of company funds to a Saudi businessman as part of his efforts to obtain a credit guarantee for his financial deals.
Sources say Ghosn initially told Nissan to extend a loan of 28 million dollars to Khaled Al-Juffali after a bank requested additional collateral for losses the former chairman had incurred from currency swap contracts.
The defense team for Nissan Motor's former chairman Carlos Ghosn says they are confident that he committed no crimes and there is no reason for his continued detention.
The lawyers have held a news conference after Ghosn appeared in court to hear the reason why he is being detained for nearly 2 months.