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Nissan books $84 million in Ghosn-related charges

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales. Ed Giles reports......»»

Category: topSource: moneycentralFeb 12th, 2019

Nissan books $84 million in Ghosn charges

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales......»»

Category: videoSource: reutersFeb 12th, 2019

Nissan books $84 million in Ghosn-related charges

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales. Ed Giles reports......»»

Category: videoSource: reutersFeb 12th, 2019

Nissan books $84 million Ghosn-related charges, cuts outlook

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales......»»

Category: topSource: reutersFeb 12th, 2019

Nissan"s profit drops amid former chair Ghosn"s arrest

Nissan has lowered its profit forecast for the full year, partly due to special charges related to alleged false financial reporting by its former chairman, Carlos Ghosn. .....»»

Category: topSource: moneycentralFeb 12th, 2019

Former Nissan chairman Ghosn, CEO Saikawa signed documents related to payments: Asahi

Former Nissan Motor Co Ltd chairman Carlos Ghosn signed documents for the Japanese automaker to pay him 1 billion yen ($8.86 million) of deferred annual compensation after he left the company, the Asahi newspaper reported on Friday......»»

Category: topSource: reutersDec 7th, 2018

Get Paid Well But Don"t Let It Show? Nissan Probe Reveals Contours of Ghosn Case

Carlos Ghosn amassed IOUs for more than $80 million in deferred pay while at Nissan Motor, according to a company probe into the former chairman, who is in jail in Tokyo awaiting charges......»»

Category: asiaSource: wsjNov 29th, 2018

Carlos Ghosn Replaces Lawyers, Hires "the Razor" to Lead Defense

Facing trial in Japan on financial charges, former Nissan Motor Chairman Carlos Ghosn replaced his legal team and brought in a lawyer noted for high-profile cases to lead his defense......»»

Category: smallbizSource: wsjFeb 14th, 2019

Renault scraps Ghosn"s 30 million euro parachute with government backing

Renault said it had scrapped 30 million euros ($34 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan......»»

Category: topSource: reutersFeb 13th, 2019

Rough ride: Nissan slashes outlook, unveils Ghosn-related charge

Nissan Motor warned its annual profit will plumb six-year lows on waning global sales, underlining the challenges it faces as it also grapples with the fallout from the shocking arrest and ouster of its former chairman Carlos Ghosn......»»

Category: topSource: reutersFeb 12th, 2019

Nissan to hold extraordinary shareholders meet on April 8 to approve new director

Nissan Motor said on Tuesday it will hold an extraordinary shareholders meeting on April 8 to formally discharge its ex-chairman Carlos Ghosn following his arrest on financial misconduct charges......»»

Category: topSource: reutersFeb 5th, 2019

UK offered Nissan Brexit assurances, 80 million pounds for car investment

Britain promised Nissan up to 80 million pounds ($104 million) of support and offered Brexit-related assurances to help secure a major investment from the Japanese carmaker in 2016, according to a well-guarded letter released on Monday......»»

Category: topSource: reutersFeb 4th, 2019

Nissan and Mitsubishi Say Carlon Ghosn Took $9 Million in Improper Payment—And They Want It Back

Renault is also preparing to cut him loose. Nissan and Mitsubishi have accused their former common chairman, Carlos Ghosn, of giving himself an improper paymen.....»»

Category: europeSource: fortuneJan 18th, 2019

Former Nissan chief Ghosn faces fresh allegations

Arrested auto executive Carlos Ghosn improperly received $9 million in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday......»»

Category: videoSource: reutersJan 18th, 2019

Ghosn received $9 million improperly from Nissan-Mitsubishi JV

Ghosn received $9 million improperly from Nissan-Mitsubishi JV: companies.....»»

Category: topSource: moneycentralJan 18th, 2019

Ghosn received $9 million improperly from Nissan-Mitsubishi JV: companies

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture (JV) between Nissan Motor Co and Mitsubishi Motors Corp , the companies said on Friday......»»

Category: topSource: reutersJan 18th, 2019

Ghosn received $9 million improperly from Mitsubishi-Nissan JV: companies

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp , the companies said on Friday......»»

Category: topSource: reutersJan 18th, 2019

Tokyo court denies Nissan Ghosn"s latest bail request

The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn's request for release on bail after his indictment last week on two new charges, making it likely the once-feted executive remains jailed for months......»»

Category: topSource: reutersJan 15th, 2019

Tokyo court denies request for Nissan Ghosn"s release on bail

The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn's request for release on bail after his indictment last week on two new charges, including for aggravated breach of trust......»»

Category: topSource: reutersJan 15th, 2019

Key dates in the investigation of Nissan ex-Chairman Ghosn

Ousted Nissan Motor Co Ltd Chairman Carlos Ghosn was indicted on two additional charges of financial misconduct on Friday, bringing the number of charges against him to three......»»

Category: topSource: reutersJan 14th, 2019

Ghosn Received $8 Million From Nissan-Mitsubishi Entity, Nissan Probe Alleges

Carlos Ghosn was paid around $8 million last year from a Netherlands-based entity jointly owned by Nissan Motor and partner Mitsubishi Motors......»»

Category: smallbizSource: wsjJan 14th, 2019