Home / Motor/ Ghosn says arrest was result of ’plot and treason’: Nikkei

Ghosn says arrest was result of ’plot and treason’: Nikkei


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 31 January 2019 00:00

Facebook

TOKYO, AFP:  Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a “plot and treason” at his former employer Nissan, he told the Nikkei newspaper Wednesday. 

The Japanese business daily quoted Ghosn as saying he had “no doubt” that the charges against him were motivated by Nissan executives opposed to greater integration of the firm with its French alliance partner Renault. 

It was the first press interview Ghosn has given since his stunning arrest on November 19, conducted in the Tokyo detention centre where he has languished ever since. 

A Nissan spokesman hit back immediately, saying that current CEO Hiroto Saikawa has “already categorically refuted the notion of a 'coup d’état'”. 

“The sole cause of this chain of events is the misconduct led by Ghosn and (chief of staff Greg) Kelly,” the spokesman added. 

He said a Nissan probe had uncovered “substantial and convincing evidence of misconduct” and that the firm's focus is “firmly on addressing the weaknesses in governance” that allowed this misconduct to happen. 

The 64-year-old Ghosn has been denied bail several times, with the court considering him a flight risk and concerned he could attempt to destroy evidence. 

But he again stressed that he “won't flee. I will defend (myself)”, according to the Nikkei. 

“All the evidence is with Nissan and Nissan forbids all employees to talk to me,” he added. 

Even his own lawyer has said it is unlikely he will be released before a trial, which could take up to six months to organise given the complexity of the case. 

Ghosn faces three separate charges, all of which he denies. He stands accused of under-reporting his income between 2010 and 2015 to the tune of five billion yen ($46 million) and continuing to do so for a further three years. 

He also stands accused of a complex scheme to try to pass off personal foreign exchange losses to Nissan and using company funds to reimburse a Saudi contact who stumped up collateral for him. 

He said the payment to this businessman, Khaled Juffali, had been signed by “four officers”. 

The executive, once feted for his turnaround of the struggling Nissan, has been removed as chairman of the Japanese firm as well as of Mitsubishi Motors. He has also resigned as chairman and chief executive of French company Renault.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Wounding the social psyche

Friday, 19 April 2019

In this article, I intend to discuss the serious wounds inflicted on the psyche of Sri Lankan society, which have not received adequate attention, but need immediate cure, for they might develop into a dangerous cancer if not treated without further


No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch


What 5G could be to Game of Thrones (and vice versa)

Friday, 19 April 2019

We will be hearing a lot about these two seemingly unrelated topics this month. In a hurriedly but meticulously organised event, Dialog Axiata recently demonstrated 5G applications for the first time in South Asia. 5G will be commercially available


On time – Only for a week! A must-change!

Thursday, 18 April 2019

We are in April and the month where we witness the declaration of a new year as per our traditional practice. It is that period of time when a huge majority of our population, which certainly can be counted in millions, intends to act in unison and q


Columnists More