Ghosn’s income under-reporting ‘may reach US $ 71mn’
(Tokyo) AFP: Nissan’s disgraced former chairman Carlos Ghosn under-reported his income by a total of US $ 71 million -- much more than initially suspected -- Japanese media reported yesterday.
The Brazil-born tycoon is now reportedly set to face a new charge from prosecutors, after he was sacked as Nissan chairman Thursday to top a spectacular fall from grace for the once-revered boss whose fall has stunned the business world.
Prosecutors arrested Ghosn Monday, accusing him and fellow executive Greg Kelly of understating the former chairman’s income by around five billion yen (US $ 44 million) between June 2011 and June 2015.
But Ghosn is now suspected of under-reporting his income by another three billion yen for the following three fiscal years, the Asahi Shimbun and the Nikkei business daily reported. Prosecutors are now planning to re-arrest him on charges of understating his income by a total of eight billion yen (US $ 71 million) since June 2011, the Asahi said. Immediate confirmation of the reports was not available.