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by Richard CARTER / Anne BEADE Agence France Presse TOKYO, Japan (AFP) — Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world. Ghosn stands accused of under-reporting his income by millions of dollars and a host of other financial irregularities, in a stunning fall from grace for the once-revered titan of the auto sector. […]
PARIS, France (AFP) — The man chosen to temporarily replace fallen auto star Carlos Ghosn at Renault is an industry insider with many years of experience working in Asia. Thierry Bollore, a 55-year-old father of five, has been declared deputy CEO to ensure day-to-day management following Ghosn’s stunning arrest in Tokyo on charges of under-reporting his pay at Nissan. Before his temporary elevation to the top of Renault, Bollore was the French car giant’s Chief […]
TOKYO, Japan (AFP) — Tokyo prosecutors confirmed Tuesday that they had arrested auto industry titan Carlos Ghosn a day earlier on allegations he under-reported his income over the course of several years. In a statement, prosecutors said Ghosn had reported income of 4.9 billion yen ($51.5 million) over five years when his actual income for that period had been nearly 10 billion yen. © Agence France-Presse
