For Nissan, a potential $6.2 million fine for filing false financial statements may only be the start of its troubles.
Prosecutors indicted Ghosn for understating his income, charges which previously could put him in jail for at least 10 years.
Ghosn is likely to remain in custody as prosecutors continue to investigate additional suspected crimes.
Relations had been strained between Saikawa and Ghosn for some time, say sources.
Prosecutors are also planning to re-arrest Ghosn on new charges not yet made public.
Chief Executive Officer Hiroto Saikawa and Toshiyuki Shiga, a former Ghosn confidant among likely successors.
Japanese prosecutors extended the jail detention of former Nissan Motor Co. Chairman Carlos Ghosn.
Nissan accuses Ghosn of understating income, misusing funds.
Nissan also wants to renegotiate Renault’s power to appoint the head of the company that holds their alliance together.
Japanese carmaker seeks a more equitable partnership.
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Renault had appointed only an interim leader for Ghosn’s post and asked Nissan to do the same.
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Ghosn was among the first traditional auto bosses to embrace EVs, spearheading the rollout of the Nissan Leaf in 2010.
Nine-member board is due to vote Thursday afternoon Japan time on the motion to dismiss Ghosn.
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