Navigation

Ghosn ‘got $20 mil. from Saudi man’

Jiji Press TOKYO (Jiji Press) — Former Nissan Motor Co. Chairman Carlos Ghosn is believed to have received $20 million from a Saudi businessman over Ghosn’s allegedly questionable transfer of Nissan funds to the Saudi acquaintance, informed sources said Tuesday.

Filing a request with the Tokyo District Court the same day to make changes to the indictment, the special investigation squad of the Tokyo District Public Prosecutors Office included Ghosn’s receipt of the $20 million, the sources said.

According to the special squad, the money was provided in October 2008 to a securities account of Ghosn’s asset management firm from a company linked to the Saudi businessman, Khaled Al-Juffali.

Ghosn has been indicted for aggravated breach of trust for allegedly transferring his private financial transactions carrying appraisal losses totaling about ¥1.85 billion to Nissan in October 2008 and sending ¥1.28 billion in Nissan funds to the businessman between June 2009 and March 2012.

Speech

Click to play

0:00/-:--

+ -

Generating speech. Please wait...

Become a Premium Member to use this service.

Become a Premium Member to use this service.

Offline error: please try again.