Ghosn displays the new concept vehicle the “Land Glider,” a tandem-ride, ultra-lightweight electric vehicle with a narrow body.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Nissan chairman Carlos Ghosn will be detained for another 10 days following his arrest on suspicion of falsifying income reports by millions of dollars in addition to misusing company assets for personal gain, Japanese media reported Wednesday. Nissan's board of directors is due to meet Thursday and decide if it will dismiss Ghosn and the company's representative director, Greg Kelly. Neither Ghosn nor Kelly has been charged so far.Renault SA of France, a partner since the late 1990s and now holding a 43-percent stake in Nissan, retained Ghosn as chief executive in an emergency board meeting Tuesday, while naming the company's chief operating officer, Thierry Bollore, in his place.Renault's board also has requesting that Nissan share details of its internal investigation into Ghosn, which the company says was sparked by a whistleblower. Ghosn, 64, is credited with turning around Nissan from near-bankruptcy after he was sent to Nissan by Renault in 1999 .When Saikawa was asked how such actions could have gone undetected for five years, perhaps longer, he blamed a murky system of checks and balances at Nissan and emphasized that he believed Ghosn had too much power.
FOLLOW THIS ARTICLE