Nissan accuses chief Ghosn of misconduct, proposes firing him

Automaker Nissan on Monday accused its chairman Carlos Ghosn of "significant acts of misconduct" including underreporting his salary and said it would move to fire him, as reports emerged he faced arrest in Tokyo. In a statement, Nissan said it had been conducting a probe into Ghosn for several months after receiving a whistleblower report and had uncovered misconduct going back several years. The statement came after local media reported that Ghosn was being questioned Monday night by prosecutors in Tokyo and was expected to be arrested on violation of financial regulations including misreporting his income.

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