Tuesday, October 29, 2019

Japan tax agency finds Ghosn used Nissan money for private use: report

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Japan tax agency finds Ghosn used Nissan money for private use: reportJapan's tax authorities have determined former Nissan Motor Co Ltd <7201.T> boss Carlos Ghosn used company money for private use, bolstering the automaker's case that he diverted corporate funds for personal gain, the Yomiuri reported on Tuesday. The Japanese newspaper, without citing sources, said the National Tax Agency found Ghosn used Nissan money for several years to pay consultant's fees to his sister for fictitious work and to make donations to a university in Lebanon. Nissan recorded some 150 million yen ($1.4 million) as secretary's office expenses for three years through March 2014.




from Yahoo Finance https://ift.tt/34kFgc3

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