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Nissan's Ghosn crisis

Nissan startup unit spent $18m on Ghosn's homes in Rio and Beirut

Investigators offered plea bargain in exchange for evidence

Nissan Chairman Carlos Ghosn allegedly bought real estate via a unit ostensibly set up to fund startups. (Photo by Makoto Okada)

TOKYO -- A Nissan Motor affiliate is alleged to have paid $17.8 million for luxury homes in Rio de Janeiro and Beirut for its soon to be ousted chairman Carlos Ghosn, who was arrested on Monday on suspicion of financial misconduct, sources familiar with the situation said.

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