India, Jan. 18 -- Nissan Motor Co. (NSANF.PK, NSANY.PK) and Mitsubishi Motors Corp. said Friday that Carlos Ghosn, former chairman of the two companies, improperly received 7.82 million euros or about $9 million from Nissan-Mitsubishi B.V., a joint venture company established by the companies.

Nissan Motor Co.. and Mitsubishi Motors announced results from their ongoing joint investigation into misconduct carried out by Carlos Ghosn. The results confirm that Ghosn received improper payments from Nissan-Mitsubishi B.V. Or NMBV.

NMBV was established in June 2017 as an equally-owned Netherlands-based unconsolidated joint venture with the mission of exploring and promoting synergies within the Nissan-Mitsubishi Motors partnership. Ghosn was ma...