Nissan Motor Co. won’t appeal a ruling by a court in Japan that found the automaker guilty for its role in underreporting former Chairman Carlos Ghosn’s compensation, calling it a “fair judgment.”
On Thursday, Chief Judge Kenji Shimotsu ordered Nissan, which didn’t dispute the charges, to pay a ¥200 million ($1.7 million) fine, saying the company bears responsibility and the case revealed its “dysfunctional governance.” Greg Kelly, Nissan’s former director, was found partially guilty and given a suspended sentence.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.