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Nissan's Ghosn crisis

Ghosn used tax haven to disguise Nissan home purchases

Chairman negotiated price and terms himself

Carlos Ghosn's house in the historic area of Beirut, Lebanon. The arrested Nissan chairman spent his childhood days in Beirut, but the city is not central to the automaker's operations. (Photo of house by Kyodo)

TOKYO -- Arrested Nissan Motor Chairman Carlos Ghosn was heavily involved in the choice of two luxury homes bought with company cash via units in a British Virgin Islands tax haven for his personal use, including negotiating the price, sources told Nikkei on Wednesday.

The homes in Brazil and Lebanon cost the automaker over 2 billion yen, or $17.7 million, combined, including renovation costs, but were offered to the chairman free of charge.

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