Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Watch: Chief Executive of Nissan apologises for Ghosn misconduct

 Comments
NISSAN YOUTUBE/NO RESALE
NISSAN YOUTUBE/NO RESALE -
Copyright
Nissan Youtube and Reuters
Euronews logo
Text size Aa Aa

Hiroto Saikawa, chief executive of Nissan Motor Co Ltd, issued a public apology to shareholders regarding the fallout of a misconduct scandal involving the company's former chairman, Carlos Ghosn.

"I would like to deeply apologize to our shareholders for the financial misconduct and the serious wrongdoing by our former executives last year," he said.

Shareholders at the company were due to vote on a new governance structure and member board when Ghosn, who was chairman at the time, was arrested over allegations of financial misconduct. Ghosn denies all accusations against him.

His arrest shook the automaking company and shed light on the auditing failures of the organisation. The scandal also threw the future of Nissan's partnership with Renault SA into doubt.

"We would like to apologise for any inconvenience caused by the financial misconduct," said Saikawa at a shareholders meeting, bowing deeply in unison with the members' board.