Carlos Ghosn, the former chairman of Nissan Motor Co, shifted personal investment losses incurred during the 2008 financial crisis to the automaker to avoid millions of dollars in losses himself, the Asahi Shimbun reported on Tuesday.
Citing multiple unnamed sources, the paper said that when Ghosn's bank had called for more collateral from the executive, he instead handed the rights over the derivatives trade to Nissan, which effectively shouldered 1.7 billion yen ($15 million) in losses.
Japan's Securities and Exchange Surveillance Commission (SESC) discovered this incident during that year's routine inspection, the Asahi said.
Nissan said it could not comment on the report. An SESC spokesman said the watchdog could not comment on individual cases.