Carlos Ghosn denies using company money for luxury lifestyle

Dismissal of Nissan chief is being seen as a battle between Japan carmaker and Renault

Nissan‘s former chair Carlos Ghosn has denied allegations that he used company funds to pay for his luxury lifestyle, claiming he had no intention of making false financial statements.

The Brazil-born tycoon, who has not spoken publicly since he was arrested last Monday, told prosecutors he did not intend to understate his income on financial reports, according to Japanese public broadcaster NHK.

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