The latest allegation of Ghosn violating company law involves a transfer to Nissan of a derivatives contract between Ghosn’s personal asset management firm and the Tokyo-based Shinsei Bank in October 2008
Carlos Ghosn
Posted inPMV
Nissan chairman Carlos Ghosn arrested in Japan for understating salary by $44 million
Ghosn’s underreporting of his remuneration constitutes a violation of Japan’s Financial Instruments and Exchange Act, a crime carrying a punishment of up to 10 years in prison, a fine of up to $88,000, or both