Shock in the automotive Sector Economists go on the celebrated manager who turned around renault in france and then nissan in japan was arrested in authorities in tokyo suspected of underreporting his salary and other irregularities. Also on the Program Hundreds are injured in france as protests against higher fuel taxes continue. And in south africa struggling to give Agricultural Land to black farmers the program should help reduce racial inequality but some claim its not working well well tell you why. Its time for business on the w. And how you know i guess welcome the chairman of the Alliance Of Nissan and renault and its official loaders scuttles gone has been arrested on suspicion of under reporting his income and engaging in what the Company Called other quote significant misconduct he sent c. E. O. Said he had called a Board Meeting for thirsty to approve going to dismiss a List Chairman of the company for allegedly understating his salary in japan by
forty four Million Dollar
forty four million dollars over five years starting in twenty eleven before now cardinals go in was seen as a star car manager credited with leading a dramatic turnaround at nissan over the last two decades rescuing it from your bankruptcy. was formally regarded as one of the most dazzling monitors in the automotive business after all he has the partnership of grand mitsubishi and miss on under his belt but he s been under investigation for a month now the japanese carmaker says an internal investigation shows under reported his income for several years he s also said to have used company money privately. nisson c.e.o. who wrote a psychotic says the alleged violations involve millions of dollars going to continue because there are problems in terms of governance when the top of ran no is concurrently serving as the top business plan with forty three percent of the