Investors also sought more clarity on how the automaker plans to recover from the scandal
Investors also sought more clarity on how the carmaker plans to recover from the scandal that involves another director Greg KellyNissan Motors president and CEO Hiroto Saikawa and Renault chairman Jean-Dominique Senard attend Nissan's extraordinary meeting of shareholders in Tokyo. Picture: HANDOUT / AFP PHOTO / NISSAN MOTOR CORPORATION
Meeting shareholders for the first time since Ghosn’s initial arrest in November 2018, Nissan CEO Hiroto Saikawa and Jean-Dominique Senard, the chair of its alliance partner, Renault, said they needed to focus on collaboration and improving governance at the Japanese company. But they offered few concrete details about the way forward.
They also voted in Senard as a director, a move that was widely seen as an attempt to assuage concern about the future of the Nissan-Renault carmaking alliance engineered by Ghosn.re-arresting Ghosn — who had been out on $9m bail — returning him to the Tokyo detention centre where he had previously spent more than 100 days.
Ghosn has been charged with under-reporting his Nissan salary for a decade, and of temporarily transferring personal financial losses to Nissan’s books. However, the new allegation is potentially more serious, as it could show he used company funds for his own purposes. The fall of one of the world’s most-feted executives appeared to have left some Nissan shareholders nonplussed.
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