Nissan Files Criminal Complaint Against Ghosn for Use of Company Funds

Carlos GhosnPhotographer: Keith Bedford/Bloomberg
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Nissan Motor Co. filed a criminal complaint against former Chairman Carlos Ghosn for allegedly using company funds for his personal use.

Ghosn violated the Companies Act, the Yokohama-based automaker said, adding that it determined that payments made by Nissan to an overseas vehicle sales company via a subsidiary “were in fact directed by Ghosn for his personal enrichment and were not necessary from a business standpoint,” Nissan said in a statementBloomberg Terminal Monday.