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00:00:00
>> Three seats sports car.>> Nissan's former chairman Carlos Ghosn has been indicted by Tokyo prosecutors along with the company itself. Ghosn who had been held in a Tokyo jail questioning was rearrested on Monday and now faces charges for under-reporting his income. The company itself has been indicted for filing false financial statements.
00:00:20
Analysts have said it would be difficult for Nissan to avoid blame whether it turns out that other executives knew about Ghosn's misconduct or that the company lack adequate internal controls. Lately, Nissan stepped up its offensive againsts Ghosn. The executive once credited for rescuing the company from near bankruptcy.
00:00:37
On Sunday, it said he was seeking to block access by Ghosn's representatives to an apartment in Rio de Janeiro, saying that he might remove or destroy evidence. It's also blamed Ghosn for a series of infractions including personal use of company funds. Ghosn was arrested late November on suspicion of under stating his pay.
00:00:56
Reporting half the actual $88 million over a period of five years. Nissan says he did so with a help of former Representative Director Greg Kelly who was indicted Monday as well.