Carlos Ghosn, former chairman and CEO of the Renault-Nissan-Mitsubishi Alliance. Shareholders voted Monday, April, 8, to remove Ghosn from Nissan’s board of directors.. REUTERS/Regis Duvignau/File PictureNissan Motor Co shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the Japanese automaker he rescued from near-bankruptcy two decades ago and from which he is now accused of siphoning funds.
The shareholders voted to remove both Ghosn and co-accused Greg Kelly from Nissan’s board of directors. Kelly has also denied the charges against him. Ghosn has been charged with under-reporting his Nissan salary for a decade, and of temporarily transferring personal financial losses to Nissan’s books. However, the new allegation is potentially more serious, as it could show he used company funds for his own purposes.
Source: News Formal (newsformal.com)
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