What Misconduct Is Nissan’s Ghosn Accused Of, and How Did It Come to Light?
Nissan President and Chief Executive Officer Hiroto Saikawa arrives to attend a news conference after Japanese media reported that Nissan Chairman Carlos Ghosn will be arrested on suspicion of under-reporting his salary, at the company headquarters in Yokohama, south of Tokyo, Japan on Nov. 19, 2018. Issei Kato/Reuters
TOKYO—Japan was shocked by the news that Nissan Motor Co. Chairman Carlos Ghosn, who was widely respected for rescuing the car maker from near bankruptcy, was arrested on Nov. 19 for alleged financial misconduct.
Nissan said that Ghosn, who is also chairman and CEO of Renault and chairman of Mitsubishi Motors, would be fired from his post as Nissan chairman on Nov. 22.
