Carlos Ghosn, the powerful chairman of Nissan renowned for reviving the company nearly two decades ago, has been removed from his position after an internal probe found he underreported his income, the company says.
“[N]umerous other significant acts of misconduct have been uncovered, such as personal use of company assets,” Nissan wrote in a statement.
Japanese media report that the legendary auto executive has been arrested, which Nissan’s CEO appeared to confirm during a news conference.
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