Nissan allegedly paid $600G Stanford tuition for ex-CEO Ghosn’s children, report says

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Nissan reportedly paid over $600,000 in tuition to place ousted CEO Carlos Ghosn’s 4 kids by Stanford, Bloomberg is reporting.

Ghosn, 65, stepped down as CEO final 12 months and was charged in Japan with underreporting his revenue and misusing firm property. Sources instructed Bloomberg that the perimeter profit was constructed into Ghosn’s compensation package deal, however that it isn’t a standard observe within the government ranks.

4 of his kids attended the college from 2004 by 2015.

Nissan and its alliance companions Renault and Mitsubishi, which had been all overseen by Ghosn, are “affiliate companions” of Stanford and make $32,000 donations to a analysis middle every year, however no allegations of wrongdoing by the college have been made concerning the admission of Ghosn’s kids.

Nissan, Renault, Stanford and Ghosn have all declined to touch upon the report.

Ghosn was held in a Tokyo detention middle by Japanese authorities for 108 days earlier than being launched in March 6 on $9 million bail. He’s at present awaiting trial on the fees, which might end in a 10-year jail sentence if he’s convicted.

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