That's about half a billion pesos
The result of Mitsubishi's internal investigation regarding Carlos Ghosn's alleged misconduct is in, and it doesn't look good.Mitsubishi Motors Corporation (MMC) investigators found that the former chairman of the board "improperly received" payments amounting to approximately ¥1 billion (
The executive finally speaks out
It's been a rough few months for disgraced Nissan top honcho Carlos Ghosn. The once-celebrated executive has been sitting in a Japanese jail cell since reports of financial irregularities came to light. Now, the former Nissan chairman has gotten his
His first appearance since the scandal broke
Carlos Ghosn will finally get a chance to plead his case in public. According to a report by the Wall Street Journal, the disgraced former chairman of Nissan is set for his first public hearing this week.The report says that the
The highs and lows of the past year
The arrest of former Nissan-Renault-Mitsubishi boss Carlos Ghosn for under-reporting income came as a shock to the industry. Nissan itself blew the whistle on its own boss. Ghosn asserts innocence, claiming that the declaration was for unreceived income that
Corporate Japan seems done with the embattled executive
After Carlos Ghosn's swift ouster from Nissan Motor Company last week on allegations of financial mismanagement, it was Mitsubishi Motors' turn to remove the embattled European executive from its ranks. According to a report from Reuters, the decision was made after
An investigation has been going on for months
In a surprising turn of events, Nissan announced that it plans to oust its chairman, Carlos Ghosn, because of reported financial misconduct. According to a statement, Nissan said this is the result of an investigation that has been going on for several
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