Jan 18, 2019

Nissan says former boss received $9m in 'improper payments'

Nissan and Mitsubishi said Carlos Ghosn received "Improper payments" totalling 7.8m euros from a joint venture between the carmakers. Mr Ghosn, former chairman of both firms, has been detained since November on charges involving financial crimes. Nissan said it would look "Consider measures" to recover the full sum from Mr Ghosn. He is accused of having understated his pay for eight years and of having shifted private investment losses temporarily onto Nissan. Nissan's shareholding in Renault is only 15%..

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