Reuters reports that Nissan Motor Co shareholders have ousted Carlos Ghosn as a director on Monday. The move severs his last ties with the company he rescued from near-bankruptcy two decades ago. Ghosn has been arrested and jailed for suspicion of embezzlement of corporate funds and other financial misconduct. At a meeting, shareholders expressed bafflement and anger about growing allegations of financial misconduct against Ghosn. Nissan execs said they needed to focus on collaboration and improving governance at the Japanese company. But they offered few concrete details about the way forward. Ghosn has denied all the allegations against him and said he is the victim of a boardroom coup. http://feeds.reuters.com/~r/reuters/t... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
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