Boss of French-Japanese car group 'arrested for financial misconduct'

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Carlos Ghosn, chairman of Nissan and also chairman and chief executive of its French partner Renault, is said to have under-reported his income.

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Nissan announced Monday that an internal investigation had found the auto group's chairman, Carlos Ghosn, had under-reported his income and proposed that he be dismissed, sending Nissan stocks tumbling 12 percent in early trading, reports FRANCE 24.