Financial Misconduct
Financial Misconduct News

Carlos Ghosn vows to clear name at first appearance since fleeing Japan; says charges against him stem from 'coup' inside Nissan
Fugitive auto tycoon Carlos Ghosn vowed Wednesday to clear his name as he made his first public appearance at a news conference in Beirut since skipping bail in Japan

Ex-Nissan boss Carlos Ghosn's legal team accuses automaker of 'perversion of truth' ahead of press briefing today
In their statement, Ghosn’s lawyers said Nissan “never once” tried to interview the executive, or share with him evidence it had accumulated against him

Japan says it has sought help from Lebanon over fugitive Carlos Ghosn; former Nissan, Renault boss to speak to media tomorrow
Ghosn has denied any wrongdoing and has said he was the victim of “backstabbing” and a “conspiracy” that wanted to derail his efforts to bring the two automakers towards a merger

Carlos Ghosn took bullet train to Osaka enroute to Lebanon; Japan to press for his extradition: Report
Japanese officials broke days of silence about the Ghosn case on Sunday, saying they would tighten immigration measures and investigate his escape thoroughly

Carlos Ghosn says, 'I alone organised my departure; my family members did not play any role in my escape from Japan'
Ghosn said in a statement that he left for Lebanon because he thought the Japanese judicial system was unjust, and he wanted to avoid "political persecution".

Carlos Ghosn used one of two French passports to flee; Japan launches probe into embarrassing security lapse
Carlos Ghosn's lead lawyer Junichiro Hironaka has said lawyers hold three passports belonging to the international tycoon, who holds French, Brazilian and Lebanese nationalities.

Carlos Ghosn jailbreak is all-purpose face-saver; exit ends embarrassing diplomatic affair for Tokyo, France and former employers
Carlos Ghosn had some success positioning himself as a victim of a legal system with a 99 percent conviction rate

Factbox: Financial wrongdoing allegations against Carlos Ghosn, ousted boss of Renault-Nissan
Nissan Chief Executive Hiroto Saikawa has said that months-long internal investigation had also uncovered evidence that Carlos Ghosn used company funds for personal purposes and misrepresented the company’s investments

Renault to start search for new CEO after Carlos Ghosn scandal; Nissan announces China unit head Makoto Uchida as CEO
The succession proposal for Renault's current Chief Executive Thierry Bollore could be on the agenda of the next board meeting on 18 October

Carlos Ghosn case: Wife of ex-Nissan boss appeals to French government 'to do more to help' husband
Carlos Ghosn, who holds French, Lebanese and Brazilian citizenship, has denied charges against him and also called on the French government for help.

Carlos Ghosn's lawyer says Nissan agreed on transfer of currency contracts, denies financial misconduct charges
Ghosn has been arrested on allegations including aggravated breach of trust in shifting personal investment losses worth $17 million to the carmaker during the 2008–2009 financial crisis.

Carlos Ghosn claims innocence in first appearance since November arrest; says unfairly detained on meritless charges
Ghosn is also accused of making $14.7 million in payments to Saudi businessman Khaled Al-Juffali using Nissan funds in exchange for arranging a letter of credit to help with his investment losses.

Nissan's ousted chairman Carlos Ghosn re-arrested on fresh allegations; chances of imminent bail dashed
Carlos Ghosn's re-arrest means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct.

Nissan ex-chairman Carlos Ghosn files complaint over detention; gets treatment like other undertrials in jail
Ghosn was arrested on suspicion of conspiring to understate his compensation by about half of the actual 10 billion yen ($88 million) awarded over five years from 2010.

Japan-France spat over Nissan-Renault brews as Carlos Ghosn remains jailed; 19-yr-old auto alliance faces test
The 19-year-old alliance between Renault and Nissan is facing its biggest test to date after the arrest of its larger-than-life leader, Carlos Ghosn, for suspected financial misconduct.

Carlos Ghosn faces Mitsubishi axe now as more charges surface; authorities plan to re-arrest disgraced Renault CEO
Top executives from Mitsubishi Motors gather on Monday to sack Carlos Ghosn as chairman over alleged financial misconduct that the once-revered tycoon denies, as further allegations leaked out against him.

Nissan board sacks Chairman Carlos Ghosn following reports of financial misconduct
Ghosn's fall from grace came as he was working on a full-blown merger of Nissan and Renault.

Carlos Ghosn to stay as Renault CEO for now, automaker names stand-ins amid tension over Nissan probe on alleged financial misconduct
The French government, Renault’s biggest shareholder, had begun to distance itself from Carlos Ghosn, calling for new interim leadership before the meeting, as the Japanese investigation expanded to include Renault-Nissan alliance finances.

Overbilling Apple led to more sackings at Infosys, co launches internal probe
More heads will roll at Indian IT bellwether Infosys following the sacking of its BPO unit CFO Abraham Mathews for not complying with the company's code of conduct.<br />