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Renault and Nissan’s Ghosn to be arrested for monetary violations – Information by Automobilnews.eu

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Renault and Nissan’s Ghosn to be arrested for monetary violations


Nissan mentioned its Chairman Carlos Ghosn is underneath investigation after he allegedly violated Japanese monetary regulation.

Change securities report.

Nissan added that, with reference to Ghosn, “quite a few different vital acts of misconduct have been uncovered, reminiscent of private use of firm belongings.”

Nissan mentioned its Chief Govt Officer Hiroto Saikawa will now suggest to the Nissan Board of Administrators to take away each Ghosn and Kelly from their roles.

The Japanese auto agency added it been offering info to the Japanese Public Prosecutor’s Workplace. One Japanese media outlet, Yomiuri, reported Monday that Ghosn had been been arrested, however CNBC wasn’t capable of independently confirm that report.

Renault and Nissan’s Ghosn to be arrested for monetary violations – Information by Automobilnews.eu
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