Carlos Ghosn ousted over financial misconduct

[SageBrush]

"The Ghosn family believed the residences in Rio de Janeiro, Beirut and other locations were corporate housing, whose purchase went through the normal channels for Nissan approval, a person familiar with the family said. "

Pass around the barf bag

[SageBrush]

This story confirms my suspicion and adds some reasons for it.

Nah, it is just an echo chamber article of a conspiracy theory.

Ghosn embezzled millions of USD. Stick to what matters.

[DaveinOlyWA]

Nissan exists because Renault had the resources to help them out. Now that the balance of power has shifted, Nissan is unwilling to do the same? Pathetic...

[cwerdna]

Carlos Ghosn: A criminal or just a foreigner?:
http://www.atimes.com/article/carlos-gh ... foreigner/

Carlos Ghosn: Lebanon stands by its national hero - CNN
Lebanon put Carlos Ghosn on its postage stamps. His downfall has stunned Beirut
https://www.cnn.com/2018/11/23/business ... index.html

[SageBrush]

Nissan exists because Renault had the resources to help them out. Now that the balance of power has shifted, Nissan is unwilling to do the same? Pathetic...

As if Renault was altruistic. Get real

[SageBrush]

Lebanon put Carlos Ghosn on its postage stamps. His downfall has stunned Beirut
https://www.cnn.com/2018/11/23/business ... index.html

So he paid to put his head on a stamp and was cozy with the super-rich, apparently paid for with OPM.

What a guy. I hope he gets a fair trial, and goes to jail with an appropriate sentence for grand larceny if found guilty of embezzlement. A thief is a thief, regardless of his popularity.

[cwerdna]

Carlos Ghosn’s former aide Greg Kelly denies under-reporting ex Nissan chairman’s salary
https://www.japantimes.co.jp/news/2018/ ... ns-salary/

Arrested Nissan executive Kelly says Ghosn paid appropriately: NHK
https://www.reuters.com/article/us-niss ... SKCN1NT06B

Carlos Ghosn's life under arrest: No VIP treatment for Nissan chairman
https://www.cbsnews.com/news/carlos-gho ... -chairman/

Can greed be good? Carlos Ghosn, CEO compensation and a skeptical Japanese public
https://www.japantimes.co.jp/news/2018/ ... _lEVOKIbmE

Inside Nissan chairman's £2.7m penthouse apartment raided by police | Daily Mail Online
https://www.dailymail.co.uk/news/articl ... Ghosn.html

Shadowy maneuvers behind Ghosn's Nissan home purchases
https://asia.nikkei.com/Business/Nissan ... -purchases

Nissan crisis sheds new light on Japan Inc’s awkward secrets
https://www.theguardian.com/business/20 ... rlos-ghosn

And, the Carlos Ghosn arrest was mentioned again on Nightly Business Report on Friday.

https://www.businessinsider.com/why-ren ... ed-2018-11 summarized the leading hypotheses.

[cwerdna]

Just received a push alert from the NHK News app on this and it's currently on https://www3.nhk.or.jp/nhkworld/en/news/.

Breaking News
0 min ago
NHK has learned former Nissan Motor Chairman Carlos Ghosn has denied underreporting his earnings in the company's financial statements. Sources say Ghosn told Tokyo prosecutors he had no intention of filing false securities reports.

[SageBrush]

LOL

[cwerdna]

Renault-Nissan Leaders to Meet Amid Tensions Over Ghosn Ouster
https://www.nytimes.com/reuters/2018/11 ... iance.html mentions

At Nissan's Thursday board meeting, Renault appointees also voted to eject Ghosn. They did so after reviewing 400 pages of internal findings, sources said - but are barred from sharing the information even with the French carmaker.

Carlos Ghosn denies charges, hires U.S. law firm
https://www.marketwatch.com/story/carlo ... 2018-11-25

edit: Just got a push alert from NHK World news app on this and it's at https://www3.nhk.or.jp/nhkworld/en/news/ right now:
Mitsubishi Motors' board of directors has dismissed Carlos Ghosn as chairman and representative director.