December 10, 2019 / 7:07 AM / a month ago

Japan's markets watchdog recommends 2.4 bln yen fine for Nissan over Ghosn pay

TOKYO, Dec 10 (Reuters) - Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation.

The fine would cover a four-year period through March 2018, the Securities and Exchange Surveillance Commission (SESC) said in a statement. (Reporting by Takashi Umekawa; Editing by Kim Coghill)

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