Ghosn Update: A Message From Carlos
Former Nissan Chairman Carlos Ghosn’s flight from Japan, where we was awaiting trial on charges of underreporting income and breach of trust, has been confirmed by none other than the man himself.
Late Monday, Ghosn issued a message from Lebanon.
CNBC reported the message, delivered from a country where Ghosn spent much of his childhood. The ousted auto exec retains Lebanese citizenship.
BREAKING: Former Nissan and Renault chief Carlos Ghosn confirms he has fled from house arrest in Japan and is now in Lebanon. https://t.co/4v7b5pQeSA pic.twitter.com/dGEdtCSveO
— CNBC Now (@CNBCnow) December 31, 2019
Ghosn and his wife have repeatedly condemned his treatment at the hands of Japanese authorities. Before his release on bail and subsequent house arrest in Tokyo, Ghosn was held in an austere detention facility where officials seemed to take delight in noting the lack of special privileges afforded to their celebrity guest.
As new charges rolled in — allegations that Ghosn vigorously denies — his time in jail lengthened. It remains to be seen how Ghosn removed himself from a country, sans passport, where authorities monitored his every move. The former executive was forbidden from leaving the country, using the internet, or speaking with a number of people without court approval, per his bail agreement.
Let me see. Ghosn and right hand man Kelly are called to Tokyo for special meeting, and are arrested upon arrival. The dirt dished out to the media by Nissan's Saikawa, later found to have had a bit of a stock tip hisself, was all about Ghosn not declaring his real income to tax authorities. Should have followed the Bezos Rule and paid none, getting a refund instead. Then, incarcerated for three months without access to his actual lawyer or wife, while Japanese police go on a fishing expedition to chase down his sins. They always discover a new one 22 days after the previous one, as 23 days is the period covering the Japanese version of habeas corpus. Meanwhile, Ghosn becomes familiar with the dozens of varieties of ramen and what it's like sleeping on a granite floor. Ghosn eventually gets bail and house arrest. Kelly already had been granted that. Saikawa takes over Nissan as financial results are released as terrible. Then gets booted himself a couple of months ago. The brand new Prez has just resigned as well. Ghosn escapes Japan, leaving Kelly to face the music. Nissan seems to have dug a giant hole for itself from which the new Sentra and its flashing new 2.0l normally aspirated CVT-delivered performance cannot extricate itself. Still, look on the bright side - the free $500 million a year Renault got in dividends for its Nissan shares for quite a while has been whittled down to almost zero. Maybe that's a win in the Japanese company's thoughts for itself, but Renault must be a bit annoyed. And so the soap opera continues.
Ghosn I don't care either way what happens to him. As for Nissan I will not buy any of their products because they are junk. Worst thing quality wise to happen to Nissan was Renault. The French make bad cars and so do the Italians so the same is true for FCA.
wrong article - deleted my post
what dividebytube said. The new commenting system is going to cost you page views.