Nissan Broadens Investigation On Ghosn

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Nissan Motor Co Ltd has expanded its probe into Carlos Ghosn, its disgraced chairman, to include another senior executive and the deals that were executed by Ghosn around the world.

Citing some sources who are close to the investigation, Reuters reported that the car manufacturer has started an investigation into Jose Munoz, a chief performance officer.

Munoz was the head of the North American operations of Nissan between the period of 2014 and 2018. He now leads the operations of the car manufacturer in China. He has taken a leave of absence as a result of the probe, which is reportedly concentrating on the decisions that were made in the United States of America.

A spokesperson for Nissan disclosed: “Jose Munoz has taken a leave of absence to allow him to assist the company by concentrating on special tasks arising from recent events.”

The inquiry into Munoz is said to involve dealer franchise rights and contracts with service providers and parts suppliers. One of the sources described Munoz as a “person of interest” and it is not clear whether the former US boss is accused of being involved in any wrongdoing.

 

The sources of Reuters described the actions of Munoz as “stonewalling.” They said that he is not cooperating with the investigation.

Previously, Nissan said that its internal investigation had uncovered “substantial and convincing evidence of misconduct” by Ghosn. It added that its scope is expanding.

Reportedly, investigators are now probing the deals that were made by Ghosn in the Middle East and India, as well as the alleged overpayments for bodyguard services availed in Brazil.

Today, Ghosn was hit with two new charges of financial misconduct as he continues to bve in detention in Tokyo.

The lawyers for the former Nissan chairman say that he is not likely to be granted bail before his trial.