#LawAndOrder
Details Emerge of Latest Ghosn Allegation
Ousted Nissan Chairman Carlos Ghosn didn’t have the kind of Christmas he’d have liked, cooling his heels in a Tokyo jail after new allegations led to his third arrest on Friday. This served to lengthen the already six-week-long internment of the industry titan.
Now, details have emerged of the alleged crime that’s keeping Ghosn behind bars.
Carlos Ghosn Re-arrested Following New Allegation
Just yesterday, it looked as if Renault CEO and former Nissan chairman Carlos Ghosn might make it out of jail by the weekend. Japanese prosecutors had another idea, however. The industry titan was re-arrested Friday morning on suspicion of aggravated breach of trust, pushing the possibility of bail and a hotel Christmas further from the realm of possibility.
Detained since his initial Nov. 19 arrest, Ghosn is now accused of covering losses incurred through derivatives trading with Nisan funds. Those losses — totalling $16.6 million — took place in 2008.
With Ghosn's Release Seemingly Imminent, Nissan Tries to Keep Him From Going Home
Detained in a Tokyo jail since his Nov. 19 arrest, Renault CEO and former Nissan chairman Carlos Ghosn could soon find himself out on bail. A Tokyo district court has rejected an appeal aimed at keeping Ghosn in detention, meaning Christmas might be brighter for the auto industry titan than previously thought.
Meanwhile, Nissan’s scrambling to ensure that, if Ghosn does walk free, he won’t return to a number of glitzy homes.
Guns, Drunks, and Rage: Waymo Self-driving Vans Targeted by Angry Arizonians
Waymo began testing its self-driving Chrysler Pacifica minivans in the Phoenix-area city of Chandler, Arizona two years ago, and the local populace hasn’t left them alone since.
A report in the Arizona Republic describes a multitude of incidents where citizens, apparently enraged by the sight of the Waymo vans, decided to threaten and attack their autonomous invaders. Unbeknownst to many of them, the vans were recording their every move.
Renault Keeps Ghosn as Chairman and CEO As Probe Reveals No Wrongdoing
Two automakers, two investigations, and two very different outcomes for one man.
Renault’s board of directors met in France today, deciding that CEO and chairman Carlos Ghosn should stay on in his current role in the wake of an internal investigation that members say showed no signs of criminality. Meanwhile, Ghosn sits in a Tokyo jail, indicted on charges of financial misconduct at Renault’s alliance partner, Nissan.
Away from the Paris streets, it seems everything’s hunky dory in France.
Amid Strained Relationship, Nissan Hands Renault the Straight Dope on Ghosn
Nissan’s board didn’t wait long to oust Carlos Ghosn as chairman following his Nov. 19 arrest, but alliance partner Renault’s board stood firm, awaiting more information. The waiting continued as Mitsubishi voted to drop Ghosn as chairman.
The disgraced executive, indicted this week by Japanese authorities on charges of underreporting his income by tens of millions of dollars, remains in a Tokyo lockup but still holds the title of Renault CEO. If the French automaker’s board finds the contents of a dossier delivered by Nissan compelling, that status could soon change.
Ghosn, Nissan Indicted by Japanese Authorities
Carlos Ghosn, his right-hand man, Greg Kelly, and the automaker Ghosn headed for years have been indicted by Japanese authorities following the pair’s re-arrest. The new raft of financial allegations raised last week gave the authorities the ability to keep Gosn and Kelly locked up until official charges could be laid.
Nissan, whose board ousted Ghosn as chairman shortly after his November arrest in Tokyo, didn’t get a free pass in the matter. Apologies were in order, but legal pain awaits.
Ghosn Planned to Oust Nissan CEO Prior to Arrest in Japan, Sources Claim
Prior to his arrest in Japan last month over presumed financial misconduct, Carlos Ghosn was allegedly planning to remove Nissan CEO Hiroto Saikawa. The plot has certainly thickened.
Ghosn, who was serving as Nissan Motor Co.’s chairman before being taken into custody, was believed to be on the cusp of an upper-level management shakeup within the Renault–Nissan–Mitsubishi Alliance. Part of that plan included finding a new CEO for Nissan, according to inside sources.
Renault's Ghosn, Arrested Two Weeks Ago, Faces Re-arrest
He won’t have to travel far. Carlos Ghosn, who was booted as Nissan chairman following his November 19th arrest in Tokyo, will reportedly be re-arrested on a new claim of financial misdealings.
The new allegations, which also involve underreported income, give Japanese authorities what they’ve been looking for — more time with which to lay formal charges. Under the current extension granted late last week, Ghosn would have to walk free on December 10th. If re-arrested, it’ll mean a meager Christmas for the industry giant.
Another Tesla Driver Arrested for DUI While Using Autopilot
California Highway Patrol arrested a 45-year-old man early Friday morning under the suspicion of driving under the influence while his 2017 Tesla Model S was operating in Autopilot on Highway 101.
While condemned previously for its misleading marketing, Tesla has been clearer of late that Autopilot is not self-driving. Likewise, anyone who owns one of its vehicles should be able to understand that the feature has limitations necessitating regular human involvement to complete any journey.
However, none of this has stopped individuals from abusing the driving aid. In August another motorist was arrested on suspicion of driving under the influence of alcohol after his Tesla collided with a fire truck. Earlier in the year, a Tesla owner passed out while behind the wheel. Fortunately, Autopilot brought the vehicle to a stop in the middle of the Oakland Bay Bridge.
Ghosn's Detention Extended; Renault-Nissan-Mitsubishi Say They're in This Thing Together
Fallen auto industry magnate Carlos Ghosn can stay in a Tokyo detention center for another 10 days, following an extension approved Friday by Japanese authorities. Arrested two weeks ago on suspicion of underreported income and other potential financial crimes, Ghosn will be released on December 10th if authorities fail to lay charges — though no one expects that to happen.
Despite their disagreement on how the Ghosn affair should be handled, the three automakers Ghosn once reigned over have put forward a unified front. We’re all good, the chummy Renault-Nissan-Mitsubishi Alliance claims.
Dropped From Mitsubishi and Nissan, Ghosn Faces New Allegations
Mitsubishi Motors, which joined the Renault-Nissan Alliance in 2016, voted unanimously to drop Carlos Ghosn as its chairman Monday, just a week after the executive’s arrest on suspicion of financial misdealings.
According to CEO Osamu Masuko, who now dons the title of interim chairman, it was an “agonizing decision.” For Ghosn, the agony has just begun. Currently housed in a Tokyo jail awaiting formal charges, the industry titan ended last week by seeing the company he ran for 15 years, Nissan, oust him as chairman. Renault hasn’t made a decision as to the fate of its CEO.
While Ghosn is accused of underreporting his income in the early part of the decade, a Japanese newspaper has shed light on another alleged misdeed.
With Charges Still Not Laid, Ghosn to Be Treated 'As a Burglar'
Disgraced industry phenom Carlos Ghosn, who still holds the title of Nissan chairman and Renault CEO (though likely not for long), could remain in custody for some time as Japanese authorities take their time in laying charges.
The news of Ghosn’s arrest amid allegations of severely underreported income fell like a hammer Monday morning, shaking the stocks of the automakers Ghosn guided since their tie-up at the end of the last century. From an opulent private jet to a sparse Tokyo jail cell, the auto titan’s journey this week surprised everyone.
Renault-Nissan Boss Carlos Ghosn to Be Sacked; Industry Titan Faces Arrest in Japan
Carlos Ghosn, the globe-straddling executive behind the Renault-Nissan Alliance and the resurrection of Mitsubishi Motors, has reportedly been arrested in Japan following a whistleblower-prompted investigation into financial irregularities.
In a statement, Nissan said Ghosn and board director Greg Kelly allegedly violated Japanese financial laws by under-reporting compensation levels for years, all part of an apparent plot to hide Ghosn’s actual level of compensation. The automaker will move to remove Ghosn, thus ending a long and successful era of governance.
Toyota Hopes for New Trial After Judge Awards Crash Victims $208 Million
In the wake of a Dallas County judge’s decision to lower the amount of money awarded to a couple whose children were injured in a 2016 rear-end crash, Toyota Motor Corp. plans to continue fighting to clear its name.
A jury found the automaker at fault back in August, deciding that the seatbacks on the family’s 2002 Lexus ES300 were faulty and that the owners were not warned about the dangers. The family stood to receive $242 million in compensation. Due to monetary caps placed on punitive damages in the state of Texas, the final amount was pared back to $208 million.
Toyota isn’t letting the matter slide into the rear-view. The automaker continues to claim that the car’s seatbacks worked fine — the severity of the impact was to blame.
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