Ghosn Indicted in Tokyo as Pay Scandal Escalates

  • Prosecutors bring charges three weeks after Ghosn’s arrest
  • Nissan’s indictment expands investigation to involve company
Japanese prosecutors indicted Carlos Ghosn for understating pay, according to Kyodo News. Dave McCombs reports.(Source: Bloomberg)
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Carlos Ghosn and Nissan Motor Co. were indicted in Japan Monday for understating the high-flying car executive’s income by $43 million, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.

Former Nissan representative director Greg Kelly was also indicted, three weeks after he and Ghosn were arrested in Japan and accused of financial crimes.