Authorization

Ghosn sacked by Nissan over pay scandal

By James Sillars, business reporter
Carlos Ghosn has been removed as Nissan's chairman as he languishes in police custody over the pay and perks scandal at the company.
He was formally sacked by the Japanese carmaker's board after an emergency meeting at its headquarters in Yokohama along with another top executive, Greg Kelly, accused by the company of facilitating the alleged wrongdoing.
Nissan said in a statement issued on Thursday that it had decided to discharge Mr Ghosn as chairman and representative director and also to discharge Mr Kelly as representative director.
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