Documents Show Ghosn's Deferred Pay Was "Fixed"

Society

Tokyo, Dec. 18 (Jiji Press)--Secret documents state that pay for former Nissan Motor Co. <7201> Chairman Carlos Ghosn that was to be deferred until his retirement was "fixed," contrary to his claim, investigative sources said Tuesday.

The documents were signed by Ghosn and the then chief of the secretary's office at Nissan, according to the sources.

The special investigation squad of the Tokyo District Public Prosecutors Office regards the documents as evidence that pay delayed until his retirement had been already determined, and believes that he had an obligation to state it in Nissan's financial statements, the sources said.

Ghosn did not report the deferred pay in the Japanese automaker's financial statements.

According to the sources, the documents include the words of "Fixed Remuneration," "Paid Remuneration" and "Postponed Remuneration" in English, in relation to Ghosn's total annual pay. In addition, the word of "determined" was found in the documents, the sources said.

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Jiji Press