Wednesday , May 5 2021

Ghosn claims to have transferred personal losses to Nissan, according to the Japanese press



Carlos Ghosn, the former president of Nissan, lost in the producer's accounts losses from personal investment during the financial crisis in 2008, Asahi Shimbun newspaper reported on Tuesday.

Referring to several anonymous sources, the newspaper said that when Carlos Ghosn's bank asked for more collateral to secure a currency contract typed in 2006, the officer transferred all rights attached to this contract to Nissan as a result of losses of 1 , 7 billion yen (13.2 million euro).

Japanese Securities Regulators, the Securities and Exchange Commission (SESC), uncovered the incident during a routine inspection this year, Asahi Shimbun said.

Nissan said he was not in a position to comment on the article. A spokesman for SESC said the latter had not spoken on individual occasions.

Carlos Ghosn has been detained in Japan since November 19 due to charges of tax evasion and use of corporate funds for personal purposes as part of his Nissan business. He denies the charges against him, the Japanese public channel NHK reported on Sunday.

Like Nissan last week, Mitsubishi Motors expelled Carlos Ghosn on Monday as president of the Japanese automaker.

Carlos Ghosn is still Chief Executive Officer of both the Renault Group and the Renault-Nissan-Mitsubishi Alliance.

The information reported by Asahi Shimbun has not been confirmed by Reuters, which does not guarantee its accuracy.

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