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Carlos Ghosn, the chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, is expected to be dismissed after being arrested for engaging in misconduct. Photo by Regis Duvignau/Reuters

Economy Nov 22

Nissan chairman dismissed amid claims of financial misconduct

By Associated Press

File photo of Renault and Nissan CEO Carlos Ghosn by Etienne Laurent/Pool via Reuters

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.

By Tom Krisher, Angela Charlton, Associated Press

Carlos Ghosn, the chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, is expected to be dismissed after being arrested for engaging in misconduct. Photo by Regis Duvignau/Reuters

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.

By Yuri Kageyama, Associated Press

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