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Reports say Nissan’s Ghosn questioned over financial reports

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TOKYO (AP) — Japanese media reported Monday that Tokyo prosecutors are questioning Carlos Ghosn, the man credited with helping engineer a remarkable turnaround at Nissan…
TOKYO (AP) — Japanese media reported Monday that Tokyo prosecutors are questioning Carlos Ghosn, the man credited with helping engineer a remarkable turnaround at Nissan Motor Co., over allegations he underreported millions of dollars in income.
Nissan, based in Yokohama, said it was looking into the reports and planned a news conference later in the day. It gave no other details, while prosecutors declined comment.
The Asahi newspaper said Ghosn, who is chairman of Nissan, submitted voluntarily to questioning about suspected violations of financial and exchange regulations. The national broadcaster NHK and Kyodo carried similar reports.
Asahi said Ghosn is suspected of failing to report hundreds of millions of yen (millions of dollars) in income.
The Brazilian-born Ghosn, 64, helped resuscitate Nissan from near bankruptcy after he was sent in by the Japanese automaker’s alliance partner Renault SA of France.

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