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.
Already a subscriber? Login to your account
Already a subscriber? Login to your account
Reaction will be moving over to Substack from October 2024.
While our home is changing, the same content you know and love - insightful commentary on politics, economics and culture - remains the same. For new readers, we invite you to subscribe today at https://reactionpolitics.substack.com. For our existing subscribers, we will be in touch shortly to organise moving your subscriptions over to Substack without any interruption to your current experience.
Massive airstrikes are pounding Beirut, the Ayatollah stands defiant in Iran, and missiles are flying towards Israel from every direction as the region spirals towards a greater war.
When Russia is raising its defence budget by 25 per cent, Brussels, as well as Britain, must get its house in order.
An early proponent of dividend recaps – the financial two-step where equity capital is replaced by debt – was Thames Water.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2024 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
