Former Nissan president denies allegations that led to ouster: report



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Former Nissan Chairman Carlos Ghosn denied Sunday accusations that he under-reported his income, which led to his ouster last week.

Reuters quoted a report by Japanese public broadcaster NHK that Ghosn has denied the charges, although he has not spoken publicly about them.

Reuters reported that former Nissan executive Greg Kelly, who was arrested on the same day as Ghosn on similar charges, had defended their compensation.

The Japanese automaker said last week that the company had conducted an internal investigation in recent months, following an early warning report. The investigation that followed revealed that Mr. Ghosn had misreported his income to make them appear lower, he added.

The investigation also revealed "many other serious misconduct," including personal use of the company's property, Nissan said.

On Thursday, the company announced that its board of directors had voted in favor of the removal of Ghosn and Kelly.

The automaker has announced the establishment of an external special committee to strengthen the rules on director compensation, as well as the formation of an advisory group of external directors to facilitate the search for a new director. President.

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