Japan tax agency: Carlos Ghosn used corporate money for private use

Japanese tax officials have found out that former Nissan chairman Carlos Ghosn diverted corporate money for his private use, reported a Japanese daily. National Tax ncy (NTA) of Japan reportedly reached conclusion that Ghosn me donations to a Lebanese University and paid consultant’s fees to his sister using Nissan money.

Personal use filed as office expenses

tax ncy has reportedly ordered Nissan to pay taxes on 150 million yen which was recorded as office expenses for three years. NTA determined that money was spent for private purposes hence liable to pay taxes. Ghosn is awaiting trial in Japan on financial misconduct charges after Nissan claimed that former chairman used company’s money for personal gain. Though revelation will t le to a criminal case, it is considered that findings will bolster Nissan’s case against Ghosn.

Re: Nissan Former Chair Ghosn’s Lawyers Ask Charges Be Dismissed

Arrested in vember 2018

Carlos Ghosn served as chairman and CEO of Renault as well as chairman of Mitsubishi Motors. He was also chairman of Renault–Nissan–Mitsubishi Alliance, a strategic partnership between automobile manufacturers. It is said that Ghosn was working on strengning Nissan’s relationship with Renault when he got arrested in vember last year. Ghosn is currently out on conditional bail in which he is t allowed to contact his wife.

Re: Scandal Of Absent Ghosn Hangs Over Nissan At Tokyo Auto Show

Ghosn's lawyers want dismissal of charges

Lawyers of Ghosn have filed a petition in Tokyo District Court requesting dismissal of charges. lawyers cried foul calling charges a result of collusion between prosecutors, government officials and executives at Nissan Motor.

“To execute this scheme, prosecutors illegally ceded ir investigative powers to certain Nissan employees and consultants, and toger with Nissan, unlawfully trampled Mr. Ghosn’s legal rights in Japan and around world,” said lawyers in a statement.

Junichiro Hironaka, one of Ghosn’s lawyers, said that y are asserting his incence in case but petition to dismiss charges asserts that, even before and beyond guilt or incence, case itself is unlawful.

“y wanted a criminal case and so y went digging around, back in time, to concoct a case,” said Hironaka.

Re: Er To Leave Scandal, Nissan Shows Off Smooth-driving Tech

Re: Nissan Names He Of China Business To Be New CEO

(With Inputs from ncies)