TOKYO: Carlos Ghosn, the embattled former chairman of Nissan Motor Co, denied reports that he passed on personal trading losses to the carmaker, the first comment from the executive who is detained on numerous allegations of financial misdeeds.
Ghosn acknowledged consulting Nissan about the collateral related to the contract, but didn’t transfer the losses to the automaker, said Motonari Otsuru, a lawyer representing the former chairman. Otsuru, the former director of the same Tokyo prosecutors’ office department that is now investigating Ghosn, spoke to Bloomberg News after meeting with the jailed official.
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