SME Times is powered by   
Search News
Just in:   • 'Dec exports decline due to global, domestic factors'  • Exports fall 1.8 percent in December  • UN pegs India's GDP growth at 5.7 pc for 2019-20  • China's GDP grew 6.1% in 2019, meets official target  • Custom duty on 300 items likely to be hiked to push SMEs 
Last updated: 11 Jan, 2019  

Nissan.9.Thmb.jpg Ghosn faces new charges

Nissan.9.jpg
   Top Stories
» 'Dec exports decline due to global, domestic factors'
» Exports fall 1.8 percent in December
» UN pegs India's GDP growth at 5.7 pc for 2019-20
» Custom duty on 300 items likely to be hiked to push SMEs
» India, Norway discuss cooperation in MSME sector
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
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 17 Jan, 2020
  Daily Poll
Ease of doing business improved in last one year
 Yes
 No
 Can't say
  Commented Stories
» MSME: Budget expectations(1)
» SMEs can enhance RoI with 'Planet NI Program': Victor Mieres(1)
» L&T secures Rs.3.44 billion project from Power Grid(1)
» KVIC opens first silk processing plant in Gujarat(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter