Carlos Ghosn ousted over financial misconduct

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Ghosn Makes Last-Ditch Bail Plea While His Davos Peers Carry On
https://finance.yahoo.com/news/ghosn-makes-last-ditch-bail-200000422.html

Now the ousted Nissan Motor Co. chairman is making a last-ditch effort to win release on bail by pledging to remain in Japan before his trial for alleged financial misconduct. He’s even offered to wear an electronic tracker and be monitored by private security guards, both at his own expense, according to a person familiar with the situation.

“I will reside in Japan and respect any and all bail conditions the court concludes are warranted," the 64-year-old said in a statement. “I will attend my trial not only because I am legally obligated to do so, but because I am eager to finally have the opportunity to defend myself."
...
If released, he’s willing to surrender his passport, offer shares as collateral and refrain from contact with anyone who could be a witness against him, the person said, asking not to be identified discussing private matters. Ghosn’s previous requests for release envisioned him heading to France, where he’s a citizen, before returning to Japan for trial.
 
Ghosn Arrest Triggers a Reckoning at Nissan
https://www.bloomberg.com/news/articles/2019-01-23/nissan-is-said-to-scrutinize-global-dealings-in-ghosn-aftermath

Hundreds of people are said to be involved in internal probe
Ghosn is said to be ready to step down from Renault positions
 
cwerdna said:
French minister: Ghosn has resigned
https://www3.nhk.or.jp/nhkworld/en/news/20190124_30/

Interesting how this how this happened when he has supposedly been isolated from everyone including his lawyer? I guess his brief appearance in court (if he actually left his cell) might have been his chance.
 
Opinion: Ghosn charges are thin soup -- case for ex-Nissan boss
Prosecutors fail to make a strong case against car maker's former chief
https://asia.nikkei.com/Opinion/Ghosn-charges-are-thin-soup-case-for-ex-Nissan-boss

Carlos Ghosn Declares His Innocence and Is Denied Bail in Japan. That’s a Pattern.
https://www.nytimes.com/2019/01/28/business/carlos-ghosn-japan.html

Nissan investigated by SEC after Carlos Ghosn charges in Japan
https://www.theguardian.com/business/2019/jan/28/nissan-investigated-sec-carlos-ghosn-executive-pay
 
Exclusive interview: Ghosn says 'plot and treason' led to arrest
Ex-Nissan chief claims rivals wanted to 'get rid' of him
https://asia.nikkei.com/Business/Nissan-s-Ghosn-crisis/Exclusive-interview-Ghosn-says-plot-and-treason-led-to-arrest
 
Inside the Takedown That Put Carlos Ghosn in Jail
He never saw it coming.
https://www.bloomberg.com/news/features/2019-01-31/inside-the-takedown-of-renault-nissan-chairman-carlos-ghosn - I received a push alert for this today even though it's from 1/31.
 
Renault may have paid for Carlos Ghosn's Versailles wedding
https://www.cnn.com/2019/02/07/business/carlos-ghosn-renault-versailles-wedding/index.html

Renault to alert prosecutors over ex-CEO Ghosn's wedding costs
https://www.reuters.com/article/us-nissan-ghosn-renault/renault-to-alert-prosecutors-over-ex-ceo-ghosns-wedding-costs-idUSKCN1PW0ON
 
cwerdna said:
Renault may have paid for Carlos Ghosn's Versailles wedding
https://www.cnn.com/2019/02/07/business/carlos-ghosn-renault-versailles-wedding/index.html

Renault to alert prosecutors over ex-CEO Ghosn's wedding costs
https://www.reuters.com/article/us-nissan-ghosn-renault/renault-to-alert-prosecutors-over-ex-ceo-ghosns-wedding-costs-idUSKCN1PW0ON
50k Euros ? Hah
Renault paid 2.3 Million Euros to renovate Versailles in the spring of 2016 and then Ghosn used the palace to host his wedding a few months later. The 50k figure comes from the value that Versailles attached to the rental. I wonder if Renault has ever used Versailles since then. I'll guess not, and this is yet another example of the "creative accounting" that Ghosn practiced so faithfully.
 
Carlos Ghosn hires a lawyer who is famous for winning acquittals in Japan
https://www.marketwatch.com/story/carlos-ghosn-hires-a-lawyer-who-is-famous-for-winning-acquittals-in-japan-2019-02-13

Ghosn changes lawyer team, adds hotshot attorney, in change of strategy
https://www.reuters.com/article/us-nissan-ghosn-lawyer/ghosn-changes-lawyer-team-adds-hotshot-attorney-in-change-of-strategy-idUSKCN1Q20N0

Ghosn confirms has replaced lawyer Otsuru with Hironaka
https://www.reuters.com/article/us-nissan-ghosn-lawyer-france/ghosn-confirms-has-replaced-lawyer-otsuru-with-hironaka-idUSKCN1Q213B

Carlos Ghosn won't get his $34 million payout from Renault
https://www.cnn.com/2019/02/13/business/carlos-ghosn-renault/index.html
 
Carlos Ghosn Wins Bail on Third Try, Could Be Freed Tuesday

https://www.bloomberg.com/news/articles/2019-03-05/ghosn-could-be-released-tuesday-after-winning-bail-nhk-reports?utm_campaign=socialflow-organic&utm_content=asia&utm_medium=social&cmpid=socialflow-twitter-business&utm_source=twitter&cmpid%3D=socialflow-twitter-asia
 
Nissan ex-boss Ghosn released on bail
https://www.bbc.com/news/business-47466766

https://asia.nikkei.com/Business/Nissan-s-Ghosn-crisis/Carlos-Ghosn-released-on-bail-after-108-days-in-Tokyo-jail
Ghosn's new attorney, Junichiro Hironaka, who has won acquittals for clients in a number of high-profile cases, said a surveillance camera would be placed at the entrance to an apartment in Tokyo designated by the court. The former Nissan boss's computer and mobile phones will also be blocked from internet access. Footage from the surveillance camera will be submitted regularly to the court.
...
As a final condition of his release, Ghosn's lawyers will hold his three passports -- Lebanese, Brazilian, and French -- to ensure he does not attempt to leave the country.
At least he can be more comfortable, more easily prepare for his trial and not have to face interrogations in jaii w/o his lawyer present. Will be very interesting to hear about the trial and the outcome.
 
https://www.japantimes.co.jp/news/2019/03/07/business/ex-nissan-boss-ghosn-recuperating-release-bail-lawyer/#.XIIFiaxKi0o

Carlos Ghosn recuperating from 3+ months in jail. Will the Phoenix rise?
 
Carlos Ghosn: Lawyer sorry for workman 'disguise' idea
https://www.bbc.com/news/world-asia-47493066

Lawyer apologizes for Ghosn’s ‘disguise’ during release
https://www.apnews.com/01b1ea21e56642638a0d9b2df967d89c
 
Key dates in the career of ex-Nissan Chairman Carlos Ghosn
https://finance.yahoo.com/news/key-dates-career-ex-nissan-083152825.html

No internet and cameras at the door: Ghosn's bail conditions
https://finance.yahoo.com/news/no-internet-cameras-door-ghosns-bail-conditions-090450985.html

Tokyo prosecutor says Ghosn's bail conditions not sufficient
https://finance.yahoo.com/news/tokyo-prosecutor-says-ghosns-bail-075910999.html

Nissan, Mitsubishi Executives Exit as Ghosn Empire Is Dismantled:
https://www.bloomberg.com/news/articles/2019-03-13/nissan-hr-executive-exits-as-ghosn-power-structure-is-dismantled

Nissan asking shareholders to vote to oust Ghosn as director
https://japantoday.com/category/business/nissan-asking-shareholders-to-vote-to-oust-ghosn-as-director

Seems to be quite a shakeup going on over at the Alliance despite https://www.japantimes.co.jp/news/2019/03/12/business/corporate-business/nissan-renault-mitsubishi-motors-seek-fresh-start-new-joint-board/.
https://asia.nikkei.com/Business/Nissan-s-Ghosn-crisis/Renault-nudges-Ghosn-aide-aside-in-executive-shake-up
https://www.theguardian.com/business/2019/mar/12/nissan-renault-and-mitsubishi-pledge-new-start
https://europe.autonews.com/move/mitsubishi-coo-mann-leave-automaker
 
Ousted Nissan Chairman Ghosn says on Twitter he's 'ready to tell the truth'
https://www.cnbc.com/2019/04/03/ex-nissan-chair-carlos-ghosn-says-on-twitter-ready-to-tell-the-truth.html

Carlos Ghosn arrested again, vows he 'will not be broken'
https://www.cnn.com/2019/04/03/business/carlos-ghosn-nissan-arrested-japan/index.html
 
cwerdna said:
Ousted Nissan Chairman Ghosn says on Twitter he's 'ready to tell the truth'
https://www.cnbc.com/2019/04/03/ex-nissan-chair-carlos-ghosn-says-on-twitter-ready-to-tell-the-truth.html

Carlos Ghosn arrested again, vows he 'will not be broken'
https://www.cnn.com/2019/04/03/business/carlos-ghosn-nissan-arrested-japan/index.html

Would love to read his memoirs after this is all done. Guessing Nissan has a lot of skeletons in their closet and Ghosn no longer has any reason to keep them there.
 
^^^
Indeed. What comes out in the trial's is bound to be real interesting along w/a memoir, if any.

For Carlos Ghosn, an Early Morning Knock Increases the Pressure, Again
https://www.nytimes.com/2019/04/04/business/carlos-ghosn-carole-wife-japan-nissan-arrest.html

At least from https://www.apnews.com/9ffb229135824b2ab409824e62a83b86, it looks like he was taken away in a Nissan Serena minivan.

Exclusive: Renault alerts prosecutors to Oman dealer payments under Ghosn
https://www.reuters.com/article/us-nissan-ghosn-renault-oman-exclusive/exclusive-renault-alerts-prosecutors-over-oman-dealer-payments-under-ghosn-idUSKCN1RD2KV
 
If Ghosn ever gets out of jail he can go work for the Mafia.
He has an outstanding resume in embezzlement and money laundering.
 
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