Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | What if Carlos Ghosn Were Charged in the U.S.? DealBook Supported by White Collar Watch ByPeter J. Henning Feb. 13, 2019 Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. __________ Carlos Ghosn, the former leader of the car-making alliance that included Nissan, Mitsubishi and Renault, has been detained in Tokyo since Nov. 19 on suspicion of understating his salary for eight years. He would be in a very different situation if he were in the United States. Indeed, the arrest and continued detention of Mr. Ghosn highlights how differently criminal justice systems treat defendants. It is unlikely that he would be accused of a crime for what he did if he were in the United States — and even if he were, he would have … [Read more...] about What if Carlos Ghosn Were Charged in the U.S.?
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Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Yuri Kageyama Associated Press February 13, 2019 TOKYO — Motonari Ohtsuru, the lawyer heading the defense for Nissan Motor Co.’s former chairman Carlos Ghosn, has resigned.Ohtsuru’s office and a statement submitted to the court confirmed that Ohtsuru had quit on Wednesday. It was the latest twist in Ghosn’s legal battle after he was arrested in November. He has been charged with falsifying financial reports by under-reporting his compensation and with breach of trust.Ghosn has repeatedly said he is innocent. Advertisement It was unclear why Ohtsuru was no longer representing Ghosn or if Ghosn had dismissed him. Another attorney chosen to represent the auto industry star executive also resigned as of Wednesday. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. … [Read more...] about Lawyers leading defense of Nissan ex-chairman Carlos Ghosn resign
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Carlos Ghosn Says He’s the Victim of ‘Plot and Treason’ by Rivals at Nissan Supported by ByMotoko Rich Jan. 30, 2019 TOKYO — Carlos Ghosn, the embattled auto executive indicted on charges of financial wrongdoing, says he was the victim of “plot and treason” by other Nissan leaders who wanted to thwart his plans to bring the automaker closer to its alliance partners, Renault of France and Mitsubishi Motors of Japan. In an interview with Nikkei Asian Review, his first since he was arrested on Nov. 19, Mr. Ghosn blamed rivals at Nissan for misrepresenting facts to prosecutors and removing him as chairman of the company he helped rescue nearly two decades ago. He said that he had wanted to unite the three alliance partners in “autonomy under one holding … [Read more...] about Carlos Ghosn Says He’s the Victim of ‘Plot and Treason’ by Rivals at Nissan
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Carlos Ghosn Declares His Innocence and Is Denied Bail in Japan. That’s a Pattern. Supported by ByMotoko Rich Jan. 28, 2019 TOKYO — After Bernie L. Madoff, arguably the most notorious financial criminal of all time, was arrested for defrauding investors in a multibillion dollar Ponzi scheme, he was released on $10 million in bail the same day. Until his trial months later, he lived and slept in his Manhattan penthouse. Carlos Ghosn, the global auto chieftain indicted on charges of financial wrongdoing in Japan, can only imagine such freedom. Last week, a Tokyo court denied his lawyers’ bail request for the second time in a single week. He remains consigned to a small cell inside the hulking gray jail where he has been since his arrest in November. Mr. Ghosn, 64, who until recently … [Read more...] about Carlos Ghosn Declares His Innocence and Is Denied Bail in Japan. That’s a Pattern.
By Nick Kostov The Wall Street Journal Thu., Jan. 24, 2019 PARIS—The resignation of Carlos Ghosn as chief executive and chairman of Renault SA brings down the curtain on a decadeslong career that made him a symbol of globalization’s sprawl as well as its pitfalls. On Thursday, Renault’s board tapped Michelin chief Jean-Dominique Senard to succeed Mr. Ghosn as chairman of the auto maker and appointed Thierry Bolloré, Renault’s deputy CEO, to take over as chief executive. The moves came after France’s finance minister said Mr. Ghosn had resigned those posts Wednesday night from the confines of his Japanese jail cell. Mr. Ghosn has been charged by Japanese prosecutors with understating his compensation on eight years of Nissan financial reports and causing Nissan to pay the company of a Saudi friend who helped him with a personal financial problem. He denies any wrongdoing. During his tenure at the top of Renault and its alliance … [Read more...] about Carlos Ghosn resigns as Renault CEO, chairman amid detention in Japan