Japan says ready to work for stability of Nissan-Renault alliance
Updated : November 21, 2018 11:36 AM IST
Nissan Motor Co has portrayed itself as a victim of Ghosn, one of the global car industry's best-known leaders, who it accused of years of wrongdoing, including personal use of company money and under-reporting earnings. It plans to remove him from post on Thursday.
Japanese prosecutors arrested Ghosn on Monday, saying he and Representative Director Greg Kelly conspired to understate Ghosn's compensation at Nissan over five years starting in fiscal 2010 as being about half of the actual 10 billion yen ($88.65 million).