• Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
ABOUT
Advertise in GAT
Contact us
Friday, March 24, 2023
Georgia Asian Times
International Insurance of Georgia
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
  • Login
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
No Result
View All Result
Georgia Asian Times
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
Home Business

Fugitive ex-Nissan boss Ghosn hits out at carmaker and Japan

Georgia Asian Times by Georgia Asian Times
January 8, 2020
in Business, Headline
Share on FacebookShare on Twitter

Beirut, Jan 8, 2020 – Carlos Ghosn, speaking publicly for the first time since his dramatic escape from Japanese justice, said on Wednesday he had been treated “brutally” by Tokyo prosecutors and was the victim of an inside job to oust him from the helm of automaker Nissan.

The one-time titan of the car industry said in a two-hour news conference in Beirut that he had no choice but to flee. The alternative was to spend the rest of his life languishing in Japan without a fair trial.

Ghosn, 65, fled Japan last month as he was awaiting trial on charges of under-reporting earnings, breach of trust and misappropriation of company funds, all of which he denies.

“I felt like the hostage of a country I served for 17 years,” he told reporters.

AD: High Museum of Atlanta

In a combative performance, he gave a point-by-point rebuttal of the charges which he said he had been prevented from doing before, and compared the surprise of his arrest with Japan’s preemptive strike on Pearl Harbour during World War Two.

Ghosn said he had escaped to his childhood home of Lebanon to clear his name and declined to say how he fled, noting there were conflicting stories about his astonishing escape.

“The charges against me are baseless,” Ghosn said, and he repeated his allegation that Nissan and Japanese authorities colluded to oust him following a downturn in Nissan’s fortunes and in revenge for French government interference in the carmaker’s alliance with Renault.

Tokyo prosecutors said his allegations of a conspiracy were false and that he had failed to justify his acts.

“Defendant Ghosn’s allegations completely ignore his own conduct and his one-sided criticism of the Japanese criminal justice system is totally unacceptable,” the Tokyo prosecutor’s office said after Ghosn spoke.

The 14-month saga has shaken the global auto industry, jeopardized the Renault-Nissan alliance of which Ghosn was the mastermind and increased scrutiny of Japan’s judicial system.

Ghosn said he had no intention of merging Renault with Nissan as some in Japan feared, but wanted to put the firms under a holding company that would have maintained a balance between the French carmaker’s push for a union and the Japanese company’s desire to remain autonomous.

He named Masakazu Toyoda, an independent director at Nissan and a special adviser to the Japanese Cabinet; Nissan’s ex-auditor Hidetoshi Imazu; and the car company’s former executive vice president Hitoshi Kawaguchi as the main architects of his downfall.

Imazu, Kawaguchi and officials at Nissan could not immediately be reached for comment.

Former Nissan chairman Carlos Ghosn attends a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir
“First, if he (Ghosn) has anything to say, he should do that openly in court before he leaves Japan illegally. A conspiracy story without any evidence sounds like a joke,” one person referred to by Ghosn told Reuters.

Ghosn declined to name Japanese government officials he said took part in the alleged plot because he said he did not want to embarrass the Lebanese government, but added he did not think the top level of the Japanese government was involved.

LOST WAY

Ghosn covered many subjects, talking about his Marie Antoinette-themed party at the Palace of Versailles in France and describing harsh confinement in Tokyo’s main jail.

“I was brutally taken from my work as I knew it, ripped from my family and my friends…It is impossible to express the depth of that deprivation,” he said.

“I was interrogated for up to eight hours a day without any lawyers present…’It will get worse for you if you don’t just confess,’ the prosecutor told me repeatedly.”

Ghosn became most animated in describing how he thought the Nissan-Renault alliance had lost its way since his departure, saying it had fallen behind in investment in technology, profitability and market value and failed to seize opportunities such as a potential tie-up with Fiat-Chrysler.

“How do you miss that? It’s unbelievable,” he said.

Nissan has said an internal investigation found that Ghosn had engaged in personal use of company money and had under-reported his income in violation of Japanese law.

Japan’s Ministry of Justice has said it will try to find a way to bring Ghosn back from Lebanon, even though it has no extradition treaty with Japan.

“I didn’t escape because I was guilty, I escaped because I had zero chance for a free trial,” he said, adding that he was prepared to stand trial in any of his three home countries, Lebanon, France or Brazil, none of which have extradition agreements with Japan.

When asked if he had been given any assurances from Lebanese officials about not being extradited, he said: “I am confident that the existing practices and laws will be respected in Lebanon and this is what I heard from all the officials here.”

Lebanon’s state news agency said a public prosecutor had summoned Ghosn for questioning on Thursday.

NEW WARRANT

Ghosn said the Japanese authorities were intent on preventing him having his say.

“Why have they spent 14 months trying to break my spirit, barring any contact with my wife?” he said.

Tokyo prosecutors issued an arrest warrant for Ghosn’s wife, Carole, on Tuesday for alleged perjury related to the misappropriation charge against her husband.

Turkish and Japanese authorities are investigating how Ghosn was smuggled out to Beirut. Interpol has issued a “red notice” seeking his arrest.

“This (escape) was the most difficult decision of my life but I was facing a system where the conviction rate is 99.4 pct and I believe the number is far higher for foreigners,” he said.

“When I saw I was free it was as if I was born again.” – Reuters

Previous Post

Avenging general’s killing, Iran strikes at U.S. troops in Iraq, Trump weighs response

Next Post

Official response by Masako Mori, Japan’s Minister of Justice to Carlos Ghosn’s allegation

Georgia Asian Times

Georgia Asian Times

Related Posts

Powell: Fed to keep rates higher for longer to cut inflation
Business

Fed raises key rate by quarter-point despite bank turmoil

March 22, 2023
Google hopes ‘Bard’ will outsmart ChatGPT, Microsoft in AI
Business

Google’s artificially intelligent ‘Bard’ set for next stage

March 22, 2023
Business

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

March 20, 2023
Biden insists banking system is safe after 2 bank collapses
Business

Silicon Valley Bank’s demise disrupts the disruptors in tech

March 15, 2023
Honda changing course, will build its own electric vehicles
Business

Honda recalling 500,000 vehicles to fix seat belt problem

March 15, 2023
Biden insists banking system is safe after 2 bank collapses
Business

Biden insists banking system is safe after 2 bank collapses

March 13, 2023
Next Post

Official response by Masako Mori, Japan's Minister of Justice to Carlos Ghosn's allegation

Signup Free E-Newsletter

Upcoming Events

Apr 7
8:00 am - 3:30 pm

Symposium on Asia-USA Partnership Opportunities (SAUPO) 2023

May 6
9:00 am - 4:00 pm

GAT AAPI Summit 2023

Jul 14
6:00 pm - 10:30 pm

GAT 25 Most Influential Asian Americans in Georgia 2023

View Calendar
Logo

 

CONTACT US

Follow Us

MOST INFLUENTIAL

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

July 18, 2022

Video highlights of GAT 25 Most Influential Asian Americans in Georgia

July 17, 2022

2022 GAT 25 Most Influential Asian Americans in Georgia-Awards Gala

July 17, 2022

LINKS OF INTEREST

ATL Asian Film Festival

     

  • Contact Us
  • Advertise in GAT
  • About
  • Privacy Policy
  • Terms of Use

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Subscribe

Stop scrolling through endless social media feeds for news. Sign up for our website FREE Newsletter and get news that matters to you. We filter out fluff, so you don’t have to.

    Loading
    Loading
    Loading
    Loading
    Loading
    Register for FREE to read the rest of this article, or log in to your account.

      Or Login Here :

      Login

      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?