<p class="title">Nissan's former chairman Carlos Ghosn has denied allegations of financial misconduct, claiming he had no intention of making false reports, Japanese media said on Sunday.</p>.<p class="bodytext">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, public broadcaster NHK said.</p>.<p class="bodytext">Without exercising his right to remain silent, Ghosn advocated his view to prosecutors, NHK said, quoting unnamed sources.</p>.<p class="bodytext"><a href="https://www.deccanherald.com/business/nissan-board-decide-dismissing-704320.html" target="_blank">Ghosn was sacked as Nissan chairman</a> on Thursday, a spectacular fall from grace for the once-revered boss whose arrest and ouster have stunned the business world.</p>.<p class="bodytext">Prosecutors accuse Ghosn and fellow executive Greg Kelly of under-reporting the former chairman's income by around five billion yen ($44 million).</p>.<p class="bodytext">Kelly also denied the allegations, saying Ghosn's salaries were paid appropriately, news reports said.</p>.<p class="bodytext">Local media reported Sunday that Nissan had formed a "secret" team earlier this year to probe the alleged financial misconduct.</p>.<p class="bodytext">A small team involving Nissan's board members carried out its internal probe confidentially on concerns about possible destruction of evidence by Ghosn, Japan's Kyodo News reported, quoting unnamed sources.</p>.<p class="bodytext">Ghosn is being held custody in a Tokyo detention centre.</p>.<p class="bodytext">On Wednesday, prosecutors successfully applied to extend his custody for an additional 10 days as they stepped up their questioning. </p>
<p class="title">Nissan's former chairman Carlos Ghosn has denied allegations of financial misconduct, claiming he had no intention of making false reports, Japanese media said on Sunday.</p>.<p class="bodytext">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, public broadcaster NHK said.</p>.<p class="bodytext">Without exercising his right to remain silent, Ghosn advocated his view to prosecutors, NHK said, quoting unnamed sources.</p>.<p class="bodytext"><a href="https://www.deccanherald.com/business/nissan-board-decide-dismissing-704320.html" target="_blank">Ghosn was sacked as Nissan chairman</a> on Thursday, a spectacular fall from grace for the once-revered boss whose arrest and ouster have stunned the business world.</p>.<p class="bodytext">Prosecutors accuse Ghosn and fellow executive Greg Kelly of under-reporting the former chairman's income by around five billion yen ($44 million).</p>.<p class="bodytext">Kelly also denied the allegations, saying Ghosn's salaries were paid appropriately, news reports said.</p>.<p class="bodytext">Local media reported Sunday that Nissan had formed a "secret" team earlier this year to probe the alleged financial misconduct.</p>.<p class="bodytext">A small team involving Nissan's board members carried out its internal probe confidentially on concerns about possible destruction of evidence by Ghosn, Japan's Kyodo News reported, quoting unnamed sources.</p>.<p class="bodytext">Ghosn is being held custody in a Tokyo detention centre.</p>.<p class="bodytext">On Wednesday, prosecutors successfully applied to extend his custody for an additional 10 days as they stepped up their questioning. </p>