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Mitsubishi board considers new allegations against Ghosn

SeattlePI.com Friday, 18 January 2019
TOKYO (AP) — Mitsubishi Motors CEO Osamu Masuko says the Japanese automaker's board has met and discussed new allegations of wrongdoing by its former chairman, Carlos Ghosn. The allegations Friday regard a 7 million euro ($8 million) payment made to Ghosn last year by a 50-50 venture between Nissan Motor Co. and Mitsubishi Motors Corp., established in 2017 in Amsterdam. Masuko said only Ghosn, who headed Nissan for nearly 20 years, and some aides knew about the transaction, which was discovered during an investigation by Nissan and Mitsubishi. There have been no formal charges for the new allegations. Ghosn has been charged with breach of trust and falsifying financial reports in underreporting his income from Nissan.
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News video: Nissan Said It Will Sue Ghosn For Damages

▶ Nissan Said It Will Sue Ghosn For Damages 00:42

Automotive News reports Nissan plans to file a civil suit against ousted Chairman Carlos Ghosn. Nissan will seek damages resulting from alleged misuse of company funds. The news comes from a person with knowledge of the issue. They told Automative News the suit would only add to the high-profile...

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