World Markets

Nissan's Ghosn indicted on 2 new charges of financial misconduct

Reuters

TOKYO, Jan 11 () - Tokyo prosecutors indicted former Nissan Motor Co Ltd Chairman Carlos Ghosn on two new charges of financial misconduct on Friday, local media reported, adding to the legal challenges for the once-feted auto executive.

Ghosn was charged with aggravated breach of trust for temporarily transferring personal investment losses to Nissan in 2008, and for understating his compensation for three fiscal years through March 2018, the Nikkei business daily said.

Ghosn, detained since his Nov. 19 arrest, had already been charged for under-reporting his income for the five years through 2015. He denied the charges at a court appearance this week.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Stocks Economy

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More