Former Nissan chairman Ghosn, CEO Saikawa signed documents related to payments -Asahi


TOKYO, Dec 7 (Reuters) - Former Nissan Motor Co Ltd chairman Carlos Ghosn signed documents for the Japanese automaker to pay him 1 billion yen ($8.86 million) of deferred annual compensation after he left the company, the Asahi newspaper reported on Friday.

Chief Executive Hiroto Saikawa signed other documents related to payments to Ghosn in the event of departure, the Asahi said, without citing sources.

Ghosn was arrested last month for allegedly conspiring to understate his income by about half for at least five years from 2010. Former Nissan representative director Greg Kelly was accused of assisting.

Prosecutors on Monday plan to indict Ghosn and Kelly over the alleged underreporting of salaries in five annual reports through the business year that ended in March 2015, the Nikkei business daily reported earlier.

The automaker will also be indicted for financial misconduct, the Nikkei said.

Ghosn and Kelly have not made any statements through their lawyers, but Japanese media reported they have denied the allegations.

($1 = 112.8100 yen)

This article appears in: World Markets , Stocks , Economy , Technology

More from Reuters


See Reuters News

Research Brokers before you trade

Want to trade FX?