Fri, 22 Nov 2024 21:38:41 GMT (1732311521264)
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5 years ago
Japanese regulators recommend $22 million fine on NissanTOKYO (AP) — Japanese securities regulators are recommending that automaker Nissan be fined 2. 4 billion yen ($22 million) for under-reporting compensation for its former chairman, Carlos Ghosn. The watchdog, the Securities and Exchange Surveillance Commission, said Tuesday it made...
5 years ago
Nissan paying $15M, Ghosn $1M to settle US fraud chargesNissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U. S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced...
5 years ago
Nissan board says chief has resigned, successor to be namedYOKOHAMA, Japan (AP) — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. Board member Yasushi Kimura told...
5 years ago
Renault chief confident partnership with Nissan on trackRenault Chairman Jean-Dominique Senard has expressed confidence that the French automaker's alliance with Nissan remains on track following the appointment of a new board at the Japanese firm in the wake of the scandal involving Carlos Ghosn, who chaired both...
5 years ago
Nissan governance steps, board win shareholders' approvalScandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker's profits and dividends have tumbled amid a high-profile scandal involving its...
6 years ago
Detention of Nissan's ex-chair Ghosn extended to April 22TOKYO (AP) — The detention of Nissan's former Chairman Carlos Ghosn was approved through April 22 on Friday, allowing prosecutors to interrogate him daily on fresh allegations of financial misconduct. In Paris, the new board of Nissan's alliance with Renault...
6 years ago
Nissan ex-chair Ghosn says a 'conspiracy' led to his arrestNissan's former Chairman Carlos Ghosn maintained his innocence in a video released by his legal team Tuesday and accused some executives at the Japanese automaker of a "conspiracy" that led to his arrest on financial misconduct allegations. "The first message...
6 years ago
Nissan shareholders OK ouster of ex-chair Ghosn from boardNissan's shareholders ousted the automaker's former chairman Carlos Ghosn from its board on Monday, seeking to shut the door on an era capped by scandal. More than 4,000 people gathered at a Tokyo hotel for a three-hour extraordinary shareholders' meeting...
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