Carlos Ghosn ousted as Mitsubishi chairman following arrest – business live

Mitsubishi has followed Nissan’s lead, and voted to remove Carlos Ghosn from chairmanship after allegations of financial wrongdoing

Earlier

9.44am GMT

Mitsubishi’s CEO (and new interim chairman) Osamu Masuko has told reporters that sacking Ghosn was “an agonising decision,” but a necessary one to “protect the company”.

9.41am GMT

The decision to remove Ghosn from the chairmanship was unanimous, Mitsubishi says.

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Source: The Guardian
Carlos Ghosn ousted as Mitsubishi chairman following arrest – business live