Tokyo Prosecutors Indict Both Ghosn, Nissan

Nissan Motor Co. may have booted out disgraced chairman Carlos Ghosn from the company, but that didn't save the Japanese car company from getting charged by Tokyo prosecutors for its involvement in the chairman's financial misconduct.

Nissan, along with Ghosn and close aide Greg Kelly, were indicted for alleged inaccurate reporting of Ghosn's compensation by tens of millions of dollars in the company's financial filings over five years, the Japanese media reported.

Both Ghosn and Kelly were also re-arrested because of the new indictment, thus extending their incarceration in Japan.

Nissan, as a corporate entity, was also charged for its alleged role in submitting financial statements that understated Ghosn’s compensation. The company confirmed its own indictment in an official statement, vowing to improve compliance as it attempts to leave its latest scandal behind.

The following is an official statement issued Monday, December 10, by Nissan Motor Co. Ltd.

You may access the statement here.