Don’t miss the latest developments in business and finance.

Nissan's Carlos Ghosn to be arrested by Japan authorities for alleged financial violations: Asahi

Image
Reuters TOKYO
Last Updated : Nov 19 2018 | 2:25 PM IST

TOKYO (Reuters) - Nissan Motor Co Ltd Chairman Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged violation of Japan's financial instruments and exchange act, the Asahi newspaper reported on Monday on its website.

The newspaper reported that Ghosn, who is also chairman and chief executive of France's Renault, was suspected of having understated his own income on financial statements and had agreed to voluntarily speak to prosecutors.

A Nissan spokesman said the company was making checks on the report.

(Reporting by Chris Gallagher and Maki Shiraki; Editing by Muralikumar Anantharaman)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 19 2018 | 2:15 PM IST

Next Story