SME Times is powered by   
Search News
Just in:   • TN yarn manufacturers form association to revive struggling sector amid rising costs  • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour 
Last updated: 11 Jan, 2019  

Nissan.9.Thmb.jpg Ghosn faces new charges

Nissan.9.jpg
   Top Stories
» TN yarn manufacturers form association to revive struggling sector amid rising costs
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
IANS | 11 Jan, 2019
Ousted Nissan Motor Chairman Carlos Ghosn, who has been under arrest for alleged financial misconduct, was on Friday hit with new charges and was accused of misreporting his compensation through 2018 and abusing his position for personal gain.

Tokyo prosecutors accused Ghosn of misreporting his compensation by tens of millions of dollars during a three-year period that ended in March 2018, reports Efe news.

The latest indictment means Ghosn is eligible for bail. The former Chairman's lawyer is set to file for his release on Friday.

Ghosn's alleged co-conspirators, Nissan Director Greg Kelly and Nissan Motor, were also indicted for the alleged misreporting.

Ghosn, Kelly and Nissan were previously indicted on December 10 on similar allegations related to financial statements filed over a five-year period that ended in March 2015.

Nissan has expressed regret over the case but hasn't said whether it will contest the allegations.

Ghosn has called the charges against him "baseless" and Kelly, who is currently out on bail, has maintained his innocence.

Ghosn faces an additional charge of breach of trust related to a series of transactions with Saudi Arabian businessman Khaled al Juffali.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter