Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday. Ghosn, who has not spoken publicly, has told investigators that he had no intention of under-reporting his remuneration on financial documents and has denied allegations against him, NHK said, without giving sources or further details. Greg Kelly, a former Nissan executive arrested along with Ghosn on Monday, was quoted by NHK on Saturday as defending Ghosn’s compensation, saying it was discussed with other officials and paid out appropriately. Japanese prosecutors say Ghosn and Kelly conspired to understate Ghosn’s remuneration by about half the 10 billion yen ($88 million) he earned at Nissan over five years from 2010. The company has also cited other, multiple infractions. “The former chairman’s compensation was discussed with those in the related department and carried out appropriately. I was not just following the former chairman’s orders, but working for the good of the company,” Kelly said, according to the report. Nissan’s board voted unanimously on Thursday to remove Ghosn and Kelly from their positions. Both were arrested after a Nissan investigation uncovered evidence of serious wrongdoing including under-reporting remuneration and personal use of company assets.