Carlos Ghosn got six houses from Nissan, including in Tokyo and New York
Carlos Ghosn’s sister also had an advisory contract with Nissan, though the role had no substance. According to reports, she was paid about $100,000 a year
Tokyo: Details are slowly beginning to trickle out about the alleged misdeeds of the embattled Nissan Chairman Carlos Ghosn, who was arrested this week after the carmaker said he misused company funds for personal use.
Nissan Motor Co provided Ghosn with six houses, including residences in Tokyo and New York, a company official said, asking not to be identified discussing private information.
Media reports had earlier said Carlos Ghosn got company-funded properties in cities such as Beirut, Rio de Janeiro, Paris and Amsterdam.
Ghosn’s sister also had an advisory contract with Nissan, though the role had no substance, the official said. Media reports said she was paid about $100,000 a year.
Carlos Ghosn was arrested on Monday for alleged financial irregularities that include under reporting of income and misuse of company funds. Prosecutors said Ghosn may have undeclared income of as much as 5 billion yen ($44 million). As more details begin to emerge, the actual number may be higher, the official said Thursday.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
- Tesla to cut workforce by 7%, sees smaller profit in Q4
- Wipro spins out govt business as separate segment
- Vibrant Gujarat meet: Ambani, Adani, Birla, others line up big investments
- Wipro announces 1:3 bonus; Q3 net profit rises 30%
- RIL to invest Rs 3 lakh crore in Gujarat in next 10 years : Mukesh Ambani
Editor's Picks »
- To boost confidence in oil cut, OPEC issues quota list
- China said to offer path to end US trade imbalance
- BlackRock, Goldman said to move some fund managers to US if no-deal Brexit
- RBI governor Shaktikanta Das sees inflation assessment as a challenge
- Delhi HC sets aside arbitral award in favour of Reliance subsidiary over Airport Express metro line
- What to expect from Q3 results of IndiGo, SpiceJet, Jet Airways
- Forget privatisation, govt has hugged its banks tighter
- Flat profit, rising debt are growing worries for Reliance
- Q3 results: HUL growth off a high base shows it’s on a roll
- DCB Bank Q3 results: Small loans give big pain as farm, mortgages lift delinquencies