Friday, May 27, 2022

Nissan plans to fire Boss over 'misconduct'

Must Read

Black Stars To Commence Training At Cape Coast Stadium Saturday, May 28

By Helga Goka The Black Stars of Ghana will commence preparations for the 2023...

Nsawam-Adoagyiri MP unhappy with Rt. Hon. Bagbin’s decision to block €75m COVID-19 loan agreement

By: Franklin ASARE-DONKOH The Majority Caucus in Ghana’s Parliament has described, as unfortunate, the...

3rd edition Senior High Schools’ renewable energy challenge launched

By Mabel Annang To help promote the use of renewable energy, the Ministry of...
Seli Baisie
Journalist/ Entertainment, Lifestyle blogger, Nature Lover.

Japanese car giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims.
The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been under-reporting his pay package.
“Numerous other significant acts of misconduct” including “personal use of company assets”, were also found.
According to Japanese media reports Mr Ghosn, a towering figure in the car industry, has been arrested in Tokyo.
According to the same reports, which have not been confirmed, he under-reported an amount totaling 5bn yen ($44m; £34m) over a five-year period from 2011.
“Nissan deeply apologises for causing great concern to our shareholders and stakeholders,” the company said.
The firm said it had been providing information to the Japanese Public Prosecutors Office and would continue to do so.
Nissan said it also planned to oust senior executive Greg Kelly, who had been “deeply involved” in the misconduct.
It said a report from a whistleblower had prompted its investigation.

SourceBBC NEWS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Black Stars To Commence Training At Cape Coast Stadium Saturday, May 28

By Helga Goka The Black Stars of Ghana will commence preparations for the 2023...

Nsawam-Adoagyiri MP unhappy with Rt. Hon. Bagbin’s decision to block €75m COVID-19 loan agreement

By: Franklin ASARE-DONKOH The Majority Caucus in Ghana’s Parliament has described, as unfortunate, the directive from the Speaker for...

3rd edition Senior High Schools’ renewable energy challenge launched

By Mabel Annang To help promote the use of renewable energy, the Ministry of Energy intends distributing three million...

Speaker Bagbin bares teeth at Majority Leader, others… warn them not ‘counter his ruling or what I say again’

By: Franklin ASARE-DONKOH The Speaker of Parliament, Rt. Hon. Alban Sumana Kingsford Bagbin today took some Members of Parliament...

Kwame Nkrumah Memorial Park to be closed down for renovation

There will be a temporary closure of the Kwame Nkrumah Memorial Park with effect from Friday, 27th of May, 2022 for major...

More Articles Like This