Carlos Ghosn ousted over financial misconduct

[SageBrush]

The Rise and Fall of Carlos Ghosn

Mr. Ghosn, the ousted Nissan executive, wasn’t supposed to succeed in Japan, but he never expected to fail like this.

Criminals do not expect to be caught. In Ghosn's case he also thought he was above the law.

From a certain POV he leveraged his early success to defraud Nissan with a degree of impunity. Now that his star has set his criminality is being prosecuted with a vengeance.

[cwerdna]

NHK World News: Ghosn 'needed more collateral' to avoid losses
https://www3.nhk.or.jp/nhkworld/en/news/20181230_18/

Just got a push alert from NHK World News app. The headline is up at https://www3.nhk.or.jp/nhkworld/en/news/: "The Tokyo District Court on Sunday approved prosecutors' request to detain former Nissan Motor chairman Carlos Ghosn for another 10 days until January 11th."

[cwerdna]

Japan Inc's pay disclosure in spotlight after Ghosn's arrest
https://japantoday.com/category/busines ... 27s-arrest

[cwerdna]

Ghosn paid 2 more acquaintances $48m with Nissan money
Payments to Middle East associates were dispensed from 'CEO reserve'
https://asia.nikkei.com/Business/Nissan ... ssan-money

[cwerdna]

Carlos Ghosn will appear in public for the first time since his arrest
https://www.cnn.com/2019/01/04/business ... index.html

Nissan's executive Munoz takes leave of absence in wake of Ghosn arrest
https://www.reuters.com/article/us-niss ... SKCN1OZ02P

In a statement on Saturday, Nissan said that Munoz has taken a leave of absence “to allow him to assist the company by concentrating on special tasks arising from recent events.”

As a result, his planned appearance at the Consumer Electronics Show in Las Vegas next week would be canceled, a Nissan spokesman said.

Ghosn set for court hearing Tuesday to hear reasons for his detention
https://japantoday.com/category/crime/G ... -detention

[cwerdna]

Nissan executive (Munoz) takes leave to work on 'special tasks' related to arrest of Carlos Ghosn
https://www.japantimes.co.jp/news/2019/ ... los-ghosn/

Nissan Motor Co. spokesman Nicholas Maxfield did not offer any other details. Munoz is among several executives media have speculated could be a possible successor to Ghosn.

Japanese prosecutors want Ghosn to sign confession, says son: paper | Reuters
https://www.reuters.com/article/us-niss ... SKCN1OZ0NI

Carlos Ghosn to make first public appearance in seven weeks on Tuesday
https://www.autoblog.com/2019/01/05/car ... urt-japan/
"He requested an open hearing to hear the reason for his continued detention..."

[cwerdna]

I’ve been away at CES and am still in Vegas. Haven’t had time to post updates.

Carlos Ghosn Indicted Again, Kept In Detention, Has Fever
https://insideevs.com/carlos-ghosn-indi ... detention/

[SageBrush]

I’ve been away at CES and am still in Vegas. Haven’t had time to post updates.

Carlos Ghosn Indicted Again, Kept In Detention, Has Fever
https://insideevs.com/carlos-ghosn-indi ... detention/

It it is something more than trivial, jails have health care services.
Japan should make a special Tylenol charge, just for Ghosn. Say ... $10M a pill ?

[cwerdna]

Saikawa: No way Ghosn could keep post
https://www3.nhk.or.jp/nhkworld/en/news/20190115_19/

Carlos Ghosn denied bail
https://www3.nhk.or.jp/nhkworld/en/news/20190115_34/

Nissan reportedly plans to file for damages against Ghosn in future
https://www.cnbc.com/2019/01/15/nissan- ... ture-.html

[cwerdna]

Nissan executive (Munoz) takes leave to work on 'special tasks' related to arrest of Carlos Ghosn
https://www.japantimes.co.jp/news/2019/ ... los-ghosn/

Nissan Motor Co. spokesman Nicholas Maxfield did not offer any other details. Munoz is among several executives media have speculated could be a possible successor to Ghosn.

Japanese prosecutors want Ghosn to sign confession, says son: paper | Reuters
https://www.reuters.com/article/us-niss ... SKCN1OZ0NI

Nissan executive Jose Munoz resigns as investigation delves deeper
https://www.autoblog.com/2019/01/11/nis ... stigation/

‘Bloodbath’ may be coming to Nissan as key foreign executive resigns amid Ghosn investigation
https://www.cnbc.com/2019/01/13/is-bloo ... -exec.html

Carlos Ghosn's wife slams Japan's 'draconian' legal system
https://www.cnn.com/2019/01/14/business ... index.html

Renault Board Is Ready to Replace Carlos Ghosn as Chairman, CEO
https://www.bloomberg.com/news/articles ... airman-ceo

Nissan CEO Says He Hopes Renault Will Also Decide to Oust Ghosn
https://www.bloomberg.com/news/articles ... -les-echos

Japan's criminal judiciary criticized
https://www3.nhk.or.jp/nhkworld/en/news/20190115_37/