Skip to main content

Nissan Chairman, Carlos Ghosn arrested in Japan for corruption and misconduct

                           Nissan Chairman, Carlos Ghosn arrested in Japan for corruption and misconduct
Nissan chairman Carlos Ghosn has been arrested over claims of financial misconduct and alleged corruption.

Ghosn will be sacked from the Japanese firm after a board meeting as he has been accused of "significant acts of misconduct", including under-reporting his pay package and personal use of company assets.

Japanese prosecutors have yet to comment on Mr Ghosn's arrest. Nissan is the world's sixth-largest carmaker and its site in Sunderland is the UK's biggest car plant.

"I feel despair, indignation and resentment. As the details are disclosed I believe that people will feel the same way as I feel today,"  said Nissan chief executive Hiroto Saikawa at a news conference.

Comments

Popular posts from this blog

136 new cases of Coronavirus recorded in Nigeria

  136 new cases of Coronavirus were recorded in Nigeria on Saturday September 26, as confirmed by the Nigeria Centre for Disease Control (NCDC).    A breakdown of the new cases across states is as follows; Lagos-41, Ogun-27, Rivers-19, Abia-10, Oyo-6, Plateau-6, Bauchi-5, Ondo-5, Ekiti-4, Kaduna-4, Edo-3, Ebonyi-2, Bayelsa-1, Delta-1, Osun-1, Yobe-1.    There are now 58,198 confirmed cases of Coronavirus in the country and 1,106 deaths have been recorded. 49,722 patients who recovered from the disease have also been discharged.     

Suspected cultists storm bar in Delta state and kill Polytechnic graduate

             A Mass Communication graduate of the Delta State Polytechnic, Ogwashi-Uku was shot dead by suspected cultists on Thursday, August 13.   According to reports, the deceased identified as Oboh, was watching a match at a bar at Umuagu Quarters in Asaba, the state capital, when the gunmen stormed the place, went directly to where he was seated and shot him dead at close range.   "Oboh only came to watch a football match in the bar and he was drinking around 10:00pm when three gunmen came into bar and shot him four times and dragged his lifeless body outside the place. The gunmen put off the generator set and told everyone to remain calm that they came for Oboh alone," an eyewitness said   In a related development, a middle-aged man was said to have been shot dead in what looked like a reprisal on Isieke Quarters in the early hours of Friday August 14  in Asaba.   Confirming both incidents, the spokesperson for the police in Delta, DSP Onome Onovwakpoyeya, said the com

Female journalist shot dead while covering a riot in Londonderry, Ireland

A female journalist has been shot dead while covering a riot in Londonderry, Ireland. Lyra McKee, 29, is believed to have been hit by a stray bullet after a gunman opened fire indiscriminately at around 11pm. Shortly before she was killed, Ms McKee, who was covering the riots, had posted an image from the scene of the riots on Twitter. She captioned it: "Derry tonight. Absolute madness." Shocking footage posted to social media shows a gunman in a mask taking cover near the rioters before firing two shots. Seconds later screams are heard coming from the other end of the road. Police revealed this morning that it believes the New IRA was "most likely" behind McKee's killing, calling Ms McKee a "completely innocent bystander. " Assistant chief constable Mark Hamilton described the killing as "not only a murder of a young woman, it is an attack again on the people of this city." Friends who are mourning McKee de