Nissan Motor Co Ltd’s chairman, Carlos Ghosn, has been arrested in a corruption case, the Yomiuri daily said on its website on Monday. The Japanese automaker said that Ghosn had used company money for personal use and that it had been investigating possible improper practices of Ghosn and Representative Director Greg Kelly for several months.
It said was moving to terminate Carlos Ghosn from his chairman’s post after finding that he had used company money for personal use and committed several other serious acts of misconduct.
The Asahi newspaper reported on its website that prosecutors had begun searching the offices of Nissan’s headquarters and other locations on Monday evening.
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