[ad_1]
The Japanese company Mitsubishi Motors Corp. ceased Monday the Brazilian businessman Carlos Ghosn, 64, as chairman of his board of directors – who will occupy Osamu Masuko – after last Monday he had been arrested on suspicion of tax evasion $ 44 million, reports NHK.
Last Monday, the news of Ghosn's arrest, accused of having reported to the Treasury a lower salary than he had earned for five years between 2011 and 2015, and of having violated the Financial Instruments and Trade Act, a crime punishable by up to 10 years in prison and an fine up to $ 88,000. The Japanese prosecutor's office accuses Ghosn and Greg Kelly, Nissan's managing director, of concealing this amount over the five-year period.
In addition, the former director allegedly misused the company's funds for personal purposes and reportedly failed to report Nissan-supplied homes in four different countries, according to an internal survey of the company.
The Nissan company, which Mr. Ghosn has been president since 2000, decided last Thursday to remove him from his position after seeing a fall of his shares of 5.45% in one day as a result of this news. He currently holds the presidency of the French Renault company he has held since 2005.
Source link
