Society

Detained Ghosn keeps denying money misconduct allegations: sources

Dec 04 (Kyodok) - Former Nissan Motor Co. Chairman Carlos Ghosn continues to deny allegations of financial misconduct against him, and says he will not make a false confession, sources close to the matter said Monday.

The 64-year-old, who is known for rescuing Nissan from the brink of bankruptcy in the 1990s, was arrested last month for allegedly understating his compensation, and subsequently ousted as chairman of the automaker.

Ghosn is accused of breaching the Financial Instruments and Exchange Act by reporting only 5 billion yen ($44 million) of his 10 billion yen compensation during the five years through March 2015.

Ghosn's annual compensation was set at around 2 billion yen, and he is charged with failing to report around half of the amount that he was to receive after stepping down.

The charismatic automotive industry figure has told prosecutors that it was unnecessary to report some of his remuneration as the payment had yet to be settled, according to different sources with knowledge of the investigation.

Ghosn was quoted as saying that remuneration was just an amount he hoped to receive.

Student's Homemade Bomb Sparks School Lockdown in Sapporo

A suspicious object feared to be explosive was discovered at a high school in Sapporo on the afternoon of November 22nd, causing temporary chaos. The object was found to have been brought to the school by one of its students.

China to resume visa-exemptions for short-term Japanese travelers

China says it will resume allowing visa-free visits by Japanese nationals on short-term trips from the end of this month. (NHK)

Japan Grapples with Poverty and Rising 'Invisible Homeless'

Japan is facing a deepening crisis of poverty and inequality, with rising reports of 'invisible homeless' individuals and growing economic hardships among the population. Discussions over reforms to the country's tax and welfare systems have taken center stage, as policymakers grapple with how to provide meaningful support.

Ueno Toshogu Shrine Shines in Gold with Special Lighting

A special lighting ceremony was held on November 20th at Ueno Toshogu Shrine, located in Ueno Park, Taito Ward, Tokyo. The event featured a unique lighting design created by renowned lighting designer Motoko Ishii.

World's First Fiber Made From Bagworm Silk Revolutionizes Industry

A Japanese pharmaceutical company has announced the successful commercialization of fiber made from silk produced by bagworms.

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Wakayama Shrine Prepares New Year’s Artwork

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Sex industry recruiters in Tokyo arrested

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Human Hand Found Sticking Out From Ground at Cemetery in Nara

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Renowned poet Tanikawa Shuntaro dies at 92

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