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Nissan and Mitsubishi Motors Corp (7211.T) have removed Ghosn as chairman in the wake of his arrest. The French member of the three-firm alliance, Renault SA (RENA.PA), retains him as chairman and CEO. EY ShinNihon questioned Nissan management about Zi-A Capital BV, asking whether the Dutch unit – which purchased the overseas homes for Ghosn’s use – was conducting business in line with its stated aim as an investment company, said the source, who is not authorized to speak publicly on the matter platinum cufflinks india uk sale.

The car maker said Zi-A was conducting its business appropriately, the source said. Japanese media have valued the transactions at more than 2 billion yen. Similarly, the source said, the auditor asked whether the stock-appreciation rights – which are like stock options but pay out in cash if a share rises to a certain price – should be declared, but Nissan replied that was not necessary platinum cufflinks india uk sale. Japanese media say the rights were worth some 4 billion yen. EY ShinNihon had been auditor for Toshiba Corp (6502.T) and Olympus Corp (7733.T) during financial scandals at the two Japanese companies in recent years. The auditor’s questioning of Nissan on the transactions was first reported by Japanese public broadcaster NHK..

RIO DE JANEIRO (Reuters) – Brazil has more than doubled the number of risky ship-to-ship oil transfers this year, but its monitoring of such offshore maneuvers is lax, to a point where a July 2017 collision between two tankers was not reported, according to a Reuters review of government and shipping records. Transfers are projected to keep rising as the country’s deep-water discoveries have lured major companies including Exxon Mobil Corp (XOM.N) and Royal Dutch Shell Plc (RDSa.AS) to recent offshore auctions. During these maneuvers, ships pull alongside one another and oil is transferred to a vessel via high-pressure hoses platinum cufflinks india uk sale. The practice has only been allowed since 2013 in Brazilian waters..

However, weak monitoring makes it difficult to track the most basic statistic: how many transfers have taken place. The Brazilian Navy said it has logged 59 ship-to-ship deliveries by oil producers through Oct. 30, up from 28 last year, but Shell and a Repsol Sinopec joint venture have already done 65 transfers through October. A Navy spokesman was unable to immediately account for its lower figure. Companies are expected to tell authorities of ship-to-ship (STS) transfers, especially if there is damage or oil spilled in the ocean, but not all do, according to Reuters’ review of government and shipping records and interviews with 16 representatives of maritime agencies, lawmakers, regulators and service providers platinum cufflinks india uk sale.

Most oil-producing countries allow the practice, but with greater oversight. In Uruguay, for instance, at least two Navy police officials must be present during the offshore operations. Brazil’s oil regulator and Navy both said they were never informed of the 2017 collision of two vessels during a STS oil transfer. STS operator Knutsen NYK Offshore Tankers estimated one of the vessels involved suffered $1 million in damages from the collision platinum cufflinks india uk sale. Critics say the lapse points to lax oversight by officials..