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Nissan's Ghosn crisis

Nissan ousts Carlos Ghosn in unanimous board vote

Executives tied to Renault drop opposition after seeing evidence

Nissan CEO Hiroto Saikawa will be the company's sole representative director after the dismissal of former Chairman Carlos Ghosn.   © Reuters

TOKYO -- Nissan Motor's board on Thursday fired Carlos Ghosn as chairman and representative director, ousting the main architect of the automaker's alliance with France's Renault and Japanese peer Mitsubishi Motors.

The decision was approved by all seven of the nine board members attending, in the absence of Ghosn and his right-hand man, Greg Kelly, both of whom have been held by prosecutors for investigation over allegations of understating Ghosn's pay in financial statements.

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