19/11/2018 15:23
Nissan plans to oust Carlos Ghosn over 'misconduct'
Japanese car giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims.
The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been under-reporting his pay package.
"Numerous other significant acts of misconduct" including "personal use of company assets", were also found.
"Nissan deeply apologises for causing great concern to our shareholders and stakeholders," the company added.
The firm said it had been providing information to the Japanese Public Prosecutors Office and would continue to do so.
Nissan said it also planned to oust a senior executive Greg Kelly who had been "deeply involved" in the misconduct.
The firm's statement came amid reports that Mr Ghosn had been arrested in Tokyo.
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