TOKYO- Nissan Nissan Motor Co Ltd CEO Hiroto Saikawa said he would propose removing Chairman Carlos Ghosn at a board meeting on Thursday, citing serious and unacceptable incidents of financial misconduct.

Saikawa, addressing a news conference on Monday, also confirmed that Ghosn had been arrested.

(Reporting by Ritsuko Ando and Elaine Lies; editing by Jason Neely) ((Ritsuko.Ando@reuters.com; +81 3 6441 1743; Reuters Messaging: ritsuko.ando.thomsonreuters.com@reuters.net))