Ex-Nissan Chairman Carlos Ghosn Indicted On Charges Of Underreporting Income

Pedestrians walk in front of a monitor showing an image of former Nissan Motor Co. Chairman Carlos Ghosn on Monday in Tokyo, Japan. Ghosn, a veteran of the auto industry, was charged on Monday for financial misconduct after he was arrested in Tokyo last month on accusations he underreported his compensation to authoritie

Tomohiro Ohsumi / Getty Images

Carlos Ghosn, the powerful auto executive who recently lost his role as chairman of Nissan, has been formally indicted on charges that he underreported his income to Japanese authorities.

The Nissan Motor Co. as well as a top aide to Ghosn also were indicted, accused of assisting in the financial misconduct, state broadcaster NHK reports.

Ghosn, who was arrested and ousted as chairman after the allegations were made last month, was detained without charges for 22 days — the maximum length allowed under Japanese law.