Nissan chairman dismissed amid claims of financial misconduct
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.
Ghosn’s arrest casts doubt on Renault-Nissan alliance future
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.
Nissan chair arrested over financial misconduct allegations
Ghosn is being accused of under-reporting income, using investment funds for personal gain and illicit use of company expenses.
