Nissan-Renault Boss arrested over financial misconduct

2w ago

2.3K

This just in. Carlos Ghosn, chairman and CEO of Nissan-Renault, has been arrested, and I'm quoting, "after an internal investigation revealed significant acts of misconduct". As Nissan-Renault shares plummet, Ghosn is set to be ousted in the upcoming days if not hours. This is big news for shareholders, for the brand(s) involved, and France is also interested because the French government owns 15 % of Renault brand. I guess we can definitely expect to hear more about it in the near future.

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Comments (5)
  • Why do rich people hate the taxman?

    19 days ago
    1 Bump
    • Everybody hates the taxman, it's natural. Being a diligent taxpayer is one thing and paying your taxes is the responsible thing to do, but I wouldn't trust somebody who says they...

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      19 days ago
      1 Bump
  • Significant acts of misconduct sounds like more than paying the dog walker with company funds... Cheers Alessandro!

    20 days ago
    2 Bumps
    • It’s an interesting choice of words, I think. It can mean anything from “he repeatedly bought beers in the pub with company money” to “we’re missing 500 million dollars and we’ve no...

      Read more
      20 days ago
      4 Bumps

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