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Nissan's Ghosn crisis

99.8% of Nissan shareholders voted to cut ties with Ghosn

Investors seek clean break as ex-chairman blasts current management

Carlos Ghosn's claims of a conspiracy continue to loom over Nissan and its management.

TOKYO -- Nissan Motor shareholders' decision to remove former Chairman Carlos Ghosn from his post as a director was nearly unanimous, the automaker said on Wednesday.

The proposal to cut ties with Ghosn, tabled at the company's annual general meeting in Tokyo on Monday, received 99.8% support.

Shareholders approved two other proposals in overwhelming fashion. The dismissal of former representative director Greg Kelly, who was arrested on suspicion of misconduct along with Ghosn last November, was also backed by 99.8%. The appointment of former Renault Chairman Jean-Dominique Senard as a Nissan director garnered 97.3% support.

Ghosn, who had made bail after 108 days in a Tokyo detention center, was arrested again on April 4, this time on an additional count of allegedly violating Japan's companies law. His lawyers on Tuesday released a video of Ghosn asserting his innocence, shot in anticipation of the rearrest.

In the clip, Ghosn denies all charges against him and criticizes Nissan's current management team, accusing some executives of conspiring against him "for their own interest and selfish fears" of a possible merger between Nissan and its French alliance partner, Renault.

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