Nissan Probes Whether Ghosn Channeled Company Money for Personal Use

Nissan Motor Co. has investigated whether ex-CEO Carlos Ghosn funneled millions of dollars of company funds through an Omani car distributor for personal use, possibly including the purchase of a yacht, according to people familiar with the matter.

The scrutiny opens up a potential new area of liability for Mr. Ghosn, who was charged last year by Japanese authorities with failing to properly report deferred compensation. His arrest shook the foundations of the globe-spanning Nissan-Renault SA alliance he oversaw for more...

What, did Nissan not have a CFO, an Audit Committee, a Compliance Officer, and/or the basics of governance?

Something very fishy about Nissan's treatment of Ghosn.

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Nissan executives allegedly orchestrated Carlos Ghosn's arrest to kill merger with RenaultNissan executives dug up evidence of potential financial misbehavior on the part of Carlos Ghosn to prevent a merger with the French automaker Renault, which Ghosn had pushed for, the Wall Street Journal reported Thursday. These MF has no shame he s the one who brought back Nissan from the dead bed to life ..this is how Nissan reward its sincere
Source: CNBC - 🏆 12. / 72 Read more »