Nissan Is Firing Its Own Boss Over £34 Million Salary Fraud
Carlos Ghosn, chairman of Nissan and the Renault-Nissan-Mitsubishi Alliance, is to be fired by Nissan after it emerged that he had lied to authorities about his salary.
A report from Japanese news agency Kyodo says the country believes that Ghosn has under-reported his Nissan earnings by a total of £34 million over five years – around five billion yen. Ghosn is said to have been arrested in Japan along with another representative director, Greg Kelly, who is said to have been complicit in the illegal activities.
Understandably, Nissan is not pleased. In a statement the company said:
“The investigation showed that, over many years, both Ghosn and Kelly have been reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual amount in order to reduce the disclosed amount of Ghosn’s compensation.
“Also, in regard to Ghosn, numerous other significant acts of misconduct have been uncovered, such as personal use of company assets, and Kelly’s deep involvement has also been confirmed.”
Ghosn originally joined Renault in 1996 before becoming chief operating officer of Nissan in 1999 after the French firm bought into the brand. That post was upgraded to chairman in 2000 and CEO in 2001, although he stepped back to chairman level last year. He has also been the CEO and chairman of Renault since 2005, boss of the reborn Alpine and chairman of Mitsubishi since 2016.
It’s not clear whether these roles will be affected by his behaviour at Nissan, but we expect both companies will be frantically scrutinising Ghosn’s financial dealings right now. Both Nissan’s and Renault’s publicly-traded values have dropped by over 10 per cent.
Source: Autocar
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They told him he has to leaf the premises
I think you’re nissan the point here
He is making juke of Nissan’s earnings
not such a “sunny” day for some “datsun” has to tell his father he lost a job after being told to “leaf” the premises, kids take “note” this is no way to behave. He believed he was so patriotic a “juke” even. Now hes been milking the company like its some sort of “qashqai”. but at the end of the day the “fairlady” fired him for not being ambitious his plans were too “micra”
WOW THAT WAS SO BAD IF YOU GOT ALL OF IT WELL DONE
Fire the qashqai and the juke while you’re at it
Why fire their best selling cars?
I’d just be thrilled if they revived the S chassis and the Skyline. They should also develop a new straight six engine <3
Who cares until they fire two more cylinders in the next gtr……
ain’t happening pal……’coz the gtr is always a six cylinder pal
This dude be makin more than i could ever dream kf, and he still wants nkre
You would too.
What a piece of shit
I mean, he comited a fraud, why downvotes?
The money gohsn his pocket haha
not such a “sunny” day for some “datsun” has to tell his father he lost a job after being told to “leaf” the premises, kids take “note” this is no way to behave. He believed he was so patriotic a “juke” even. Now hes been milking the company like its some sort of “qashqai”. but at the end of the day the “fairlady” fired him for not being ambitious his plans were too “micra”
WOW THAT WAS SO BAD IF YOU GOT ALL OF IT WELL DONE
I suppose carlos just lost his cars