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Former Nissan chairman Carolos Ghosn denies allegations against him

Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday.

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Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday.

Ghosn, who has not spoken publicly, has told investigators that he had no intention of under-reporting his remuneration on financial documents and has denied allegations against him, NHK said, without giving sources.

Greg Kelly, a former Nissan executive arrested along with Ghosn on Monday, was quoted by NHK on Saturday as defending Ghosn's compensation, saying it was discussed with other officials and paid out appropriately.

The Brazil-born tycoon, who has not spoken publicly since he was arrested last Monday, told prosecutors he did not intend to understate his income on financial reports, public broadcaster NHK said.

Without exercising his right to remain silent, Ghosn advocated his view to prosecutors, NHK said, quoting unnamed sources.

Ghosn was sacked as Nissan chairman Thursday, a spectacular fall from grace for the once-revered boss whose arrest and ouster have stunned the business world.

Prosecutors accuse Ghosn and fellow executive Greg Kelly of under-reporting the former chairman's income by around five billion yen ($44 million).
Kelly also denied the allegations, saying Ghosn's salaries were paid appropriately, news reports said.

Local media reported Sunday that Nissan had formed a "secret" team earlier this year to probe the alleged financial misconduct.

A small team involving Nissan's board members carried out its internal probe confidentially on concerns about possible destruction of evidence by Ghosn, Japan's Kyodo News reported, quoting unnamed sources.

Ghosn is being held custody in a Tokyo detention centre.

On Wednesday, prosecutors successfully applied to extend his custody for an additional 10 days as they stepped up their questioning. 



 

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