Ghosn, Ghosn, gone - more woes ahead
Prosecutors are now planing to rearrest him on charges of understating his income by a total of ¥8bn ($71m) since June 2011
Nissan's former chairman Carlos Ghosn under-reported his income by a total of $71m - much more than initially suspected - Japanese media said this week. The Brazil-born tycoon is now reportedly set to face a new charge from prosecutors - after he was sacked as Nissan chairman on Thursday to top a spectacular fall from grace for the once-revered boss which has stunned the business world. Prosecutors arrested Ghosn on Monday, accusing him and fellow executive Greg Kelly of understating the former chairman's income by around ¥5bn ($44m) between June 2011 and June 2015. But Ghosn is now suspected of under-reporting his earnings by another ¥3bn for the next three fiscal years, the Asahi Shimbun and the Nikkei business daily reported. Prosecutors are now planing to rearrest him on charges of understating his income by a total of ¥8bn ($71m) since June 2011, the Asahi said. Immediate confirmation of the reports was not available. Under Japanese law, suspects in jail can face additional arr...
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