A father and son suspected of helping former Nissan chief Carlos Ghosn flee Japan in December have been arrested in the United States.
Carlos Ghosn's lawyers have asked the Tokyo District Court to dismiss all charges against the former Nissan Motor Co Ltd chairman, saying prosecutors colluded with government officials and Nissan executives to oust him from his post.
Hiroto Saikawa, the chief executive of scandal-plagued Nissan, acknowledged receiving inappropriate payments from the Japanese automaker but denied he ordered it or knew about it.
Nissan's net profit fell to a near-decade low in the last business year and it has already warned of "a difficult business environment" for the next 12 months.
Fiat Chrysler Automobiles withdrew the proposal late Wednesday, citing "political conditions in France" after the French government, Renault's biggest shareholder, asked for five more days to review the deal and obtain support from Nissan.
Shareholders meeting also votes to remove Ghosn's former right-hand man Greg Kelly, who also faces charges, from the board, and to appoint Renault chairman Jean-Dominique Senard as director.
Crisis-hit Japanese automaker Nissan slashed its full-year forecast as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn.
Macron said he had discussed with Japanese Prime Minister Shinzo Abe the situation surrounding the arrest of Franco-Brazilian-Lebanese executive, Carlos Ghosn.
Earlier Tokyo prosecutors filed two new charges of financial misconduct against Carlos Ghosn.
The growing case against the auto tycoon represents a stunning reversal of fortune for a man once revered in Japan and beyond for his ability to turn around automakers, including Nissan.
Tokyo District Court says Nissan Motor Co. executive Greg Kelly, who was detained and charged with underreporting the income of his boss, former Nissan chairman Carlos Ghosn, will be released on 70 million yen ($635,600) bail.
Carlos Ghosn, one of the world's most influential executives, is under arrest in a shocking turn of events that raises questions about the future of his sprawling Franco-Japanese auto group.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.