Jan 28, 2019

Nissan says 'co-operating' with US probe

Nissan said it is "Co-operating" with an inquiry by US regulators, following reports that the carmaker is being investigated over executive pay disclosures. On Monday, US media reported the Securities and Exchange Commission had launched a probe into Nissan. The carmaker did not give further details about the inquiry. US media reported the SEC is investigating whether the Nissan maintained adequate controls to prevent improper payments. The Japanese carmaker has accused Mr Ghosn of financial misconduct.

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