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Nissan's Ghosn crisis

Ghosn says he told staff to handle pay reporting legally

Former Nissan chairman denies knowledge of illegal underreporting of compensation

Investigators believe Ghosn underreported his compensation by a total of about $70.4 million. 

TOKYO -- Arrested former Nissan Motor Chairman Carlos Ghosn has told prosecutors that he had instructed staff to legally handle matters regarding his compensation that was to be recorded in the company's securities reports, according to an investigative source.

The source said Ghosn, under interrogation by the Tokyo District Public Prosecutors Office, also said he entrusted the handling of his compensation reporting to Greg Kelly, a former Nissan representative director who is also under arrest on suspicion of playing a role in the pay underreporting by Ghosn.

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