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

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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.

[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

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