The vote by Nissan's board on Thursday ends Ghosn's reign at the top of the company dating back nearly two decades and could fracture a powerful alliance that he forged with France's Renault.
Ghosn was detained by Tokyo prosecutors on Monday following an internal investigation at Nissan (NSANY) that revealed "significant acts of misconduct" over many years, including understating his income in financial reports and misusing company assets. The Brazilian-born executive has not yet commented publicly on the allegations.
In a statement to the Tokyo stock exchange, Nissan said its directors, led by CEO Hiroto Saikawa, voted unanimously to remove Ghosn, and another director, Greg Kelly, from their posts.
Kelly has also been arrested by Tokyo prosecutors after being accused of wrongdoing by the company.
CNN
Eeyah!
ReplyDeleteCorporate governance issue
ReplyDeleteBig set up! Trust Japanese people with doing evil, diabolical, crafty and unspeakable things against someone like this. And you've never heard anything yet from Ghosn???
ReplyDeleteHow come the "crime" he is alleged to have committed is not landing any Japanese Executives and bosses in police custody, arrest or any jail time, nor even attracting quarter of drama or attention like this one now with Ghosn?
Kai Tufiakwa for Japanese people!!! Ndi uru ekwensu & Uchu Mmuo
They r really created with devils blood and arising from the pit of hell!