The stability of the "Nissan Runo" coalition operates the authorities of JapansteemCreated with Sketch.

in #news6 years ago

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The stability of the "Nissan Runo" coalition operates the authorities of Japan

Japan said on Wednesday it was ready to work for the stability of the Nissan-Runo global alliance after the arrest of its chairman, Carlos Ghosn, as the Asahi newspaper reported that prosecutors were considering suing the Japanese automaker.

Nissan Motor itself is portrayed as a victim of Ghosn, one of the world's leading global auto industry leaders, who has been accused of committing offenses for years including using the company's money for personal purposes and reducing the income data he earns. The company plans to remove him from office on Thursday.

The Japanese authorities arrested Ghosn on Monday and said he and director Greg Kelly were plotting to cut the financial sector's five-year financial allocation in April from fiscal year 2010 to about half of its actual 10 billion yen ($ 88.65 million).

Asahi quoted undisclosed sources as saying that non-notification of actual income means that Nissan also bears responsibility, adding that the prosecution is considering the possibility of suing the company.

Prosecutors were not available for comment, while Nissan declined to comment on the report. Ghosn and Kelly, who has also been arrested, have not commented on the charges so far and Reuters has not been able to reach them.

"This alliance is a symbol of the French-Japanese industrial success and we will continue to support it," the Japanese government's top spokesman said on Wednesday, calling for a "stable relationship between the three automakers."

Ghosn received provisions linked to the price of the stock, estimated at about 4 billion yen in five years until March 2015, but did not respond to Nissan's financial reports, the Nikkei newspaper said.

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