ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Nissan's Ghosn crisis

A week after arrest, Ghosn prosecutors home in on future pay

Proof that $70m understatement was illegal is core of dispute

Ghosn allegedly underreported his income by $70 million over an eight-year period. (Photo by Keiichiro Asahara)

TOKYO -- One week after former Nissan Motor Chairman Carlos Ghosn was arrested on suspicion of underreporting pay, the case is shaping up to center on whether prosecutors can prove that the future payments the charismatic leader arranged for himself should have been clearly stated in the company's annual report.

Ghosn's underreported future compensation is said to add up to roughly 8 billion yen ($70.5 million). Tokyo prosecutors have focused on 5 billion yen of these payments and used them as the premise for his arrest.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more