Ex-Nissan Chm. Ghosn Denies Alleged Underreporting

Society

Tokyo, Nov. 25 (Jiji Press)--Former Nissan Motor Co. <7201> Chairman Carlos Ghosn seems to have denied his alleged involvement in underreporting his pay in securities reports, it was learned Sunday.

The Tokyo District Public Prosecutors Office has video-recorded its interrogations of Ghosn, 64. He has made his claims clearly without exercising the right to silence, informed sources said.

Ghosn and former Representative Director Greg Kelly, 62, were arrested last week for their alleged involvement in underreporting Ghosn's pay by over 5 billion yen in total in securities reports over the five years through fiscal 2014.

Just after his arrest, Kelly claimed the pay reporting had been conducted appropriately, adding that Ghosn had never instructed him to underreport the then chairman's pay.

Ghosn and Kelly are also suspected of their involvement in underreporting Ghosn's pay by 3 billion yen over the three years through fiscal 2017, which ended in March this year.

[Copyright The Jiji Press, Ltd.]

Jiji Press