TOKYO — The Latest on Japanese automaker Nissan Motor Co.’s chairman Carlos Ghosn and allegations of financial violations against him (all times local):9:25 p.m.Japanese media are reporting that Nissan Motor Co.’s board of directors voted to dismiss Carlos Ghosn as its chairman after he was arrested on suspicion of falsifying financial reports and other misconduct. ——6:15 p.m.Tokyo prosecutors have offered few details into their case against Nissan Motor Co. chairman Carlos Ghosn. ——1:40 p.m.Nissan’s board will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income. Earlier this week, alliance partner Renault voted to keep him as its chief executive but appointed an interim chief. Nissan Motor Co. Chief Executive Hiroto Saikawa appears determined to oust Ghosn, who is suspected of under-reporting $44.6 million in income from 2011 to 2015.

Source: National Post November 22, 2018 09:33 UTC