Nissan Motor Co. has confirmed that its board of directors voted unanimously to dismiss Carlos Ghosn as its chairman after he was arrested on suspicion of falsifying financial reports and other misconduct.
By Associated Press
Nissan's board is to meet Thursday to consider Ghosn's fate. Renault, where Ghosn is also CEO, said its board will hold an emergency meeting soon.
By Tom Krisher, Angela Charlton, Associated Press
Ghosn is being accused of under-reporting income, using investment funds for personal gain and illicit use of company expenses.
By Yuri Kageyama, Associated Press
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