Ghosn’s lawyers say charges against him are flawed

Bloomberg

Carlos Ghosn’s lawyers said the prosecutor’s case against the fallen car executive is flawed, ramping up their defense of the ousted Nissan Motor Co. chairman following his indictment for financial crimes
in Japan.
On December 10, Tokyo prosecutors indicted Ghosn for understating his income, charges they’ve said previously could put him in jail for at least 10 years. While the prosecutors didn’t provide further detail on the substance of their case, the pay Ghosn is said to have deferred until his retirement so that it doesn’t fall under reporting rules is said to be a focus.
Ghosn’s lawyers say the charge that Ghosn helped himself by converting compensation to deferred pay is flawed because the compensation agreement wasn’t properly ratified, according to a statement by the office of Motonari Otsuru, Ghosn’s lawyer, and provided to Bloomberg News.
Nissan, which removed Ghosn as chairman three days after his arrest, declined
to comment.

Leave a Reply

Send this to a friend