Cases Ghosn: Ghosn and Nissan

cases ghosn: The contents of the probe, led by Nissan's audit committee formed by members including external directors, will not likely be made public, given that they could influence the court proceedings of his cases, according to The Japan Times. Ghosn's defense counsel said earlier this week his first hearing could be held in March at the Tokyo District Court. Nissan, which will convene the meeting on Monday, will consider punishments for executives based on the findings and speed up the process of finalizing the amount of damages it will seek in a planned lawsuit against Ghosn, they said. ; Ghosn, who led the automaker for two decades before his arrest in November last year, has claimed innocence. Nissan's in-house probe has led to Ghosn's arrest through a plea-bargain deal between the carmaker's senior officials and prosecutors. A joint investigation with Nissan's alliance partner, Mitsubishi Motors Corp., has also found Ghosn illegally received around 7.82 million 8.6 million in remuneration from their joint venture in the Netherlands, according to the two automakers. According to the probe, Ghosn ordered Nissan to purchase or refurbish luxurious homes and pay for his golf club membership, among other uses of company funds and assets for his private purposes, company officials said earlier. (news.financializer.com). As reported in the news.

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