Nissan Claims Carlos Ghosn Took Home $9 Million In Improper Payments

Nissan Claims Carlos Ghosn Took Home $9 Million In Improper Payments

Shortly after it was revealed that the French government is seeking to remove Carlos Ghosn from his post as Renault’s CEO, both the latter ans Nissan and have claimed that Ghosn received improper payments of €7.8 million ($8.9 million) via joint venture between the automakers.

Ghosn Denied Bail Again

Ghosn denied bail again

A Japanese court has turned down an appeal from Carlos Ghosn's defense team over a decision to deny the former Nissan Motor chairman bail.

Ghosn's attorneys are now expected to take the request for bail to the Supreme Court.

Carlos Ghosn Denied Bail

Carlos Ghosn denied bail

A Tokyo court has denied bail to Nissan Motor's former Chairman. Carlos Ghosn has been in detention for nearly two months since November.

Ghosn's lawyers are expected to appeal the decision. But if that's denied, his detention will be prolonged.

Ex-nissan Chief Ghosn Could Be Granted Bail

Ex-Nissan chief Ghosn could be granted bail

A court in Tokyo is expected to decide as early as Tuesday whether to grant former Nissan Motor Chairman Carlos Ghosn bail.

Ghosn has been charged with aggravated breach of trust and with violating a financial law by underreporting his compensation.

Ghosn Suspected Of Receiving Additional Funds

Ghosn suspected of receiving additional funds

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 Indict Ghosn On Two New Charges

Prosecutors indict Ghosn on two new charges

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.

Prosecutors Indict Carlos Ghosn Again

Prosecutors indict Carlos Ghosn again

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.

Ex-nissan Head Ghosn Develops High Fever

Ex-Nissan head Ghosn develops high fever

Former Nissan Motor Chairman Carlos Ghosn has developed a high fever and is unable to meet investigators or his lawyers.

One of his lawyers said on Thursday that Ghosn developed a fever on Wednesday night and was told by doctors that he needs rest.

How Ghosn Spends Time At Detention House

How Ghosn spends time at detention house

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.

Ghosn 'wanted Nissan To Pay $28 Mil. To Saudi Man'

Ghosn 'wanted Nissan to pay $28 mil. to Saudi man'

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.

Ghosn Lawyers: No Crimes Committed

Ghosn lawyers: No crimes committed

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.