One of the most explosive corporate scandals in years came to light this week, when the board of Nissan unanimously voted to remove Carlos Ghosn as chairman following his arrest on Monday. Ghosn is currently being detained in Tokyo for “significant acts of misconduct” over a five year period – including the misuse of company assets and understating his income. ‎

Here’s what you need to know about a gripping scandal that has rocked the automobile industry.