Japan issues arrest warrant for Nissan ex-chair’s wife - News Summed Up

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Japan issues arrest warrant for Nissan ex-chair’s wife


TOKYO (AP) — Tokyo prosecutors obtained an arrest warrant Tuesday for former Nissan chairman Carlos Ghosn’s wife on suspicion of perjury, adding to the couple’s legal troubles in the country where he once was revered as a star executive. Earlier Tuesday, Ghosn’s former employer, Nissan Motor Co., said it was still pursuing legal action against him despite his escape. Earlier, he said the allegations against him were concocted by Nissan, Japanese authorities and others who wanted to block efforts toward a fuller merger between Nissan and its French alliance partner Renault SA. The scandal over Ghosn’s case has tarnished Nissan’s image and created a leadership vacuum at a time when the automaker’s profits and sales are tumbling. Although Ghosn is unlikely to face trial in Japan, Greg Kelly, another Nissan former executive, is still facing charges of under-reporting Ghosn’s future compensation.


Source: Egypt Independent January 07, 2020 12:33 UTC



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