Jailed auto executive Carlos Ghosn is facing a new round of allegations of financial misconduct.
Nissan (NSANY) and Mitsubishi Motors (MMTOF) said Friday that Ghosn, their former chairman, improperly received €7.8 million ($8.9 million) in compensation and other payments from a joint venture between the two carmakers.
The companies said a joint investigation found that Ghosn was paid the money from the joint venture, Nissan-Mitsubishi B.V., without the approval of other board members.
Ghosn was arrested in Tokyo on November 19 and has been in jail since. Japanese prosecutors have charged him with abusing his position at Nissan by transferring personal investment losses to the company, and understating his income by about $80 million between 2010 and 2018.
Ghosn has denied those charges, saying he is innocent and has been wrongly accused on unsubstantiated allegations.
The allegations Friday by Nissan and Mitsubishi are in addition to those on which he has was indicted.
The office of Ghosn’s lawyer in Tokyo didn’t immediately respond to a request for comment Friday.
This is a developing story.
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