The Business Times
business-time-50

Japan's markets watchdog recommends 2.4b yen fine for Nissan over Ghosn pay

google-preferred-sourceAdd BT as a preferred source
Published Tue, Dec 10, 2019 · 07:13 AM

    [TOKYO] Japan's markets watchdog said on Tuesday it has recommended that the country's financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen (S$30.1 million) over the alleged underreporting of former chairman Carlos Ghosn's compensation.

    The fine would cover a four-year period through March 2018, the Securities and Exchange Surveillance Commission said in a statement.

    REUTERS

    NissanCarlos Ghosn

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    When BT visited the Japan Home outlet at Eastpoint Mall in Simei on Tuesday, it was conducting stocktaking.

    Japan Home closing outlets; staff say Valu$ taking over operations

    Dennis Chua, founder and CEO of Timah Partners (centre), with members of his team (from left), Kelvin Ho, Serena Li, Yap Hsien Liang and Christopher Pang.

    Timah Partners lands S$60 million facility from lenders including UOB, RHB

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More