Via Yahoo Finance

TOKYO (Reuters) – Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd <7201.T> about 2.4 billion yen (17.2 million pounds) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation.

The fine would cover a four-year period through March 2018, the Securities and Exchange Surveillance Commission (SESC) said in a statement.

(Reporting by Takashi Umekawa; Editing by Kim Coghill)

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