Nissan likely to be fined $22 million by Japan's markets watchdog

Filed under: Government/Legal,Nissan

Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday. Nissan's former Chairman Carlos Ghosn was arrested in Tokyo in November last year over allegations of financial misconduct, including understating his salary by around 9.1 billion yen ($84.71 million) over a period of nearly a decade and temporarily transferring pe

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Nissan likely to be fined $22 million by Japan's markets watchdog originally appeared on Autoblog on Mon, 9 Dec 2019 08:24:00 EST. Please see our terms for use of feeds.

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