Ousted Nissan chairman Ghosn to make first public appearance since November arrest

Credit: Reuters- Published on January 7, 2019
Nissan Motor Co's ousted Chairman Carlos Ghosn is set to appear in a Tokyo court on Tuesday, in his first public appearance since his arrest in November on allegations of financial misconduct.
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Credit: Wochit
Published on January 8, 2019 -  00:52
Ghosn Makes First Public Appearance In Court
Carlos Ghosn is the ousted Nissan chairman. He is facing multiple allegations of financial misconduct. Business Insider reports the disgraced exec. spoke publicly for the first time since he was arrested in Japan on November 19. On Tuesday, he made a statement in a Tokyo courtroom. ---I have acted honorably, legally...-- ---and with the knowledge and approval of the appropriate executives inside the company.--- The longtime Nissan executive is accused of underreporting his income. He is also suspected of transferring more than $16 million in personal investment losses to the automaker. Ghosn's arrest reverberated throughout the automotive world. He was admired for helping save Nissan from bankruptcy in the late 1990s.

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