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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