Apr 22, 2019
Carlos Ghosn: Former Nissan boss hit with fresh charge
Former Nissan boss Carlos Ghosn has been indicted by prosecutors in Japan on a fresh charge of aggravated breach of trust. It is the fourth charge brought against Mr Ghosn and relates to the alleged misuse of company funds. Prosecutors allege that Mr Ghosn made a multi-million-dollar payment to a Nissan distributor in Oman, and that as much as $5m was funnelled to an account controlled by Mr Ghosn. Mr Ghosn was the architect of the alliance formed between Japan's Nissan and French carmaker Renault, and brought Mitsubishi on board in 2016. Earlier this month Mr Ghosn said the allegations were a plot and conspiracy against him, accusing Nissan executives of "Backstabbing".
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