
TOKYO (Kyodo) -- Ousted Nissan Motor Co. Chairman Carlos Ghosn is suspected of using a Nissan fund to give a reward to an acquaintance who helped him in dealing with a personal investment incurring a huge loss, sources familiar with the matter said Saturday.
Ghosn allegedly paid $14.7 million to the Saudi Arabian acquaintance from Nissan's "CEO reserves," a fund pool intended for financing unexpected business operations not covered by the regular budget, they said.