Ghosn to be held for longer as financial scandal widens

Nissan Motor Co.'s long-serving boss Carlos Ghosn will be held for longer in custody, Japanese authorities said Wednesday, as more allegations of financial misconduct have surfaced against him and widened the scope of a probe that could potentially have a major influence on the global automotive industry's future landscape.According to sources with knowledge of the situation, Ghosn is suspected of underreporting the amount of his remuneration by billions of yen also over the past three years, although the company's annual securities reports stated that the sum was about 2.9 billion yen.He w…READ FULL ARTICLE