Japan Watchdog May Seek Fine for Nissan of More Than $19 Million
This article is for subscribers only.
Japan’s securities regulator will seek a fine on Nissan Motor Co. of more than 2 billion yen ($19 million) for allegedly under-reporting the pay of the company’s former chairman, Carlos Ghosn, according to a person familiar with the matter.
Japan’s Securities and Exchange Surveillance Commission will start an investigation into the carmaker in July or August, the person said, asking not to be identified because the matter is private.