False financial statements

Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at its Global Headquarter in Yokohama, near Tokyo, Tuesday, Feb. 12, 2019. Nissan reported a drop in third quarter profit to about a fourth of the previous year's, mainly because U.S. tax reforms had lifted profits a year earlier. Nissan has been rocked recently by the arrest of its former chairman, Carlos Ghosn, on charges of financial misconduct. (Akiko Matsushita/Kyodo News via AP)
February 12, 2019 - 5:25 am
TOKYO (AP) — Nissan said Tuesday that its third quarter profit plunged to about a quarter of the previous year's, partly due to special charges related to alleged false financial reporting by its former chairman, Carlos Ghosn. The main factor behind the sharp weakening in profit, however, was the...
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FILE - In this Jan. 24, 2019, file photo, Jean-Dominique Senard addresses the media after being appointed Renault chairman following a meeting of the board at Renault headquarters in Boulogne-Billancourt, outside Paris, France. Nissan Motor Co.'s board chose Tuesday, Feb. 5, 2019, as a director Senard, who was recently appointed chairman at the Japanese automaker's alliance partner Renault SA. (AP Photo/Christophe Ena, File)
February 05, 2019 - 5:55 am
TOKYO (AP) — Nissan's board has chosen as a director Jean-Dominique Senard, who was recently appointed chairman at the Japanese automaker's alliance partner Renault SA of France. Nissan Motor Co. said in a statement that its board decided Tuesday to hold an extraordinary shareholders' meeting on...
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FILE - In this April 20, 2018, file photo, then Nissan Chairman Carlos Ghosn speaks during an interview in Hong Kong. Major Japanese business daily Nikkei is reporting Nissan’s former Chairman Carlos Ghosn has reiterated his innocence, saying the payments to a Saudi businessman were legitimate. (AP Photo/Kin Cheung, File)
January 30, 2019 - 4:25 am
TOKYO (AP) — The Japanese business daily Nikkei reported Wednesday that Nissan's former chairman Carlos Ghosn, in his first interview since he was detained in November, blamed his arrest on a plot by other Nissan executives who opposed his plan for closer ties with the automaker's French alliance...
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FILE - In this Nov. 22, 2018, file photo, visitors walk near the logo of Nissan at a Nissan showroom in Tokyo. Nissan Motor Co. says it has received an inquiry from the U.S. Securities and Exchange Commission. The Japanese automaker said in a statement Monday, Jan. 28, 2019, that it "can confirm that we have received an inquiry from the SEC, and are cooperating fully. We cannot provide further details." (AP Photo/Eugene Hoshiko, File)
January 28, 2019 - 5:39 am
TOKYO (AP) — Nissan Motor Co. said Monday it has received an inquiry from the U.S. Securities and Exchange Commission, suggesting investigations into dealings by its former chairman Carlos Ghosn could expand beyond Japan. The Japanese automaker confirmed "we have received an inquiry from the SEC,...
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FILE - In this Oct. 6, 2017, file photo, then Renault Group CEO Carlos Ghosn listens during a media conference at La Defense business district, outside Paris, France. The Tokyo District Court says it’s turned down Nissan former Chairman Carlos Ghosn’s request for release on bail Tuesday, Jan. 15, 2019, prolonging his detention. (AP Photo/Michel Euler, File)
January 15, 2019 - 3:14 am
TOKYO (AP) — The Tokyo District Court turned down a request by Nissan's former chairman Carlos Ghosn for release on bail Tuesday, prolonging his detention by weeks and possibly months. Ghosn, 64, who was arrested on Nov. 19, has been charged with falsifying financial reports in underreporting his...
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Security officials stand guard in front of Tokyo Detention Center, where former Nissan chairman Carlos Ghosn is detained, in Tokyo Friday, Jan. 11, 2019. Ghosn has recovered from a fever, his lawyer Motonari Ohtsuru said Friday as the 64-year-old executive's latest detention period was set to expire. (AP Photo/Eugene Hoshiko)
January 11, 2019 - 4:54 am
TOKYO (AP) — Nissan's ex-chairman Carlos Ghosn was charged Friday with breach of trust, according to the Tokyo District Court, making the star executive's release unlikely for months to come. Ghosn, arrested Nov. 19, was earlier charged with falsifying financial reports in underreporting his income...
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This courtroom sketch depicts former Nissan chairman Carlos Ghosn in a courtroom at the Tokyo District Court in Tokyo Tuesday, Jan. 8, 2019. Ghosn, denied any wrongdoing and proclaimed his loyalty to the company at a court hearing in Tokyo on Tuesday. It was Ghosn's first public appearance since he was arrested on Nov. 19 and charged with false financial reporting. (Nobutoshi Katsuyama/Kyodo News via AP)
January 08, 2019 - 4:33 am
TOKYO (AP) — The former chairman of Japan's Nissan Motor Co., Carlos Ghosn, denied any wrongdoing and proclaimed his loyalty to the company at a court hearing in Tokyo on Tuesday. It was Ghosn's first public appearance since he was arrested on Nov. 19 and charged with false financial reporting. "...
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FILE - In this April 20, 2018, file photo, then Nissan Chairman Carlos Ghosn speaks during an interview in Hong Kong. A Japanese news report says former Nissan chairman Ghosn will be detained at least through Jan. 11, 2019. Ghosn, who led Nissan Motor Co. for two decades saving the Japanese automaker from near bankruptcy, was arrested Nov. 19, 2018, on suspicion of falsifying financial reports.(AP Photo/Kin Cheung, File)
January 06, 2019 - 10:59 am
PARIS (AP) — The son of former Nissan chairman Carlos Ghosn said in an interview published Sunday that people will be surprised when his father, detained since Nov. 19 for allegedly falsifying financial reports, recounts his version of events to a Tokyo court on Tuesday. Anthony Ghosn, 24, told...
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FILE - In this April 20, 2018, file photo, then Nissan Chairman Carlos Ghosn speaks during an interview in Hong Kong. A Japanese news report says former Nissan chairman Ghosn will be detained at least through Jan. 11, 2019. Ghosn, who led Nissan Motor Co. for two decades saving the Japanese automaker from near bankruptcy, was arrested Nov. 19, 2018, on suspicion of falsifying financial reports.(AP Photo/Kin Cheung, File)
December 30, 2018 - 11:12 pm
TOKYO (AP) — Former Nissan chairman Carlos Ghosn will be detained at least through Jan. 11, the Tokyo District Court said Monday, as the once revered auto industry figure faces allegations that have marked a stunning downfall. Ghosn, who led Nissan Motor Co. for two decades and helped save the...
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November 30, 2018 - 4:56 am
TOKYO (AP) — A Japanese court confirmed Friday that it has approved extending the detention of former Nissan chairman Carlos Ghosn for 10 more days. The Tokyo District Court said it approved prosecutors' request to keep Ghosn until Dec. 10 for further investigation into his financial irregularities...
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