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Nissan's Ghosn crisis

Ghosn and Nissan charged with underreporting of pay

Tokyo Stock Exchange considers placing shares on alert list

Tokyo prosecutors charged Ghosn and Kelly, as well as Nissan, over the misstatements of the executives' pay. 

TOKYO -- Tokyo prosecutors on Monday charged Carlos Ghosn, the former chairman of Nissan Motor, his right-hand man Greg Kelly, and Nissan the company, over misstating Ghosn's income for years.

Ghosn and Kelly, a former Nissan representative director, were arrested on Nov. 19 on suspicion of understating Ghosn's compensation by a total of 5 billion yen ($44 million) in five annual reports through the fiscal year ended March 2015.

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