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Jacob Oliva

Nissan Found Guilty, Fined $1.7 Million Over Ghosn Income Scandal

Nissan Carlos Ghosn

Nissan has received a guilty judgment from the Tokyo District Court this week. This is in line with the scandal involving former chairman Carlo Ghosn and board member Greg Kelly a few years ago. This, as we all know, resulted in the ex-Nissan boss fleeing the country in a rather dramatic way.

To recall, Nissan reported a misconduct led by its former chairman and others in September 2019. An internal investigation was conducted by Nissan and external lawyers, which found that Carlos Ghosn and Greg Kelly collaborated to underreport Ghosn's compensation in Nissan's annual securities reports.

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