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| June 18, 2019

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Ghosn Archives -

Shareholders Oust Ghosn From Nissan Board

April 8, 2019 |

Nissan shareholders approved on Monday the ouster from the Japanese automaker’s board former Chairman Carlos Ghosn, who faces allegations of financial misconduct. The approval was shown by applause from the more than 4,000 people gathered at a Tokyo hotel for a three-hour extraordinary shareholders’ meeting, the AP reports. Other…
Newser

Carlos Ghosn is rearrested on new charges. ‘I will not be broken,’ he says

April 5, 2019 |

The drama surrounding fallen auto executive Carlos Ghosn has erupted again, with Japanese officials arresting him on fresh allegations that he used Nissan Motor Co. funds for his own purposes.

Authorities detained Ghosn early Thursday on suspicion of aggravated breach of trust, using company money…


L.A. Times – Business

Ghosn Calls His Unusual Re-Arrest ‘Outrageous’

April 4, 2019 |

Former Nissan boss Carlos Ghosn is back in the Tokyo Detention Center after what legal experts say was a highly unusual re-arrest of somebody out on bail. Ghosn—who was released on $ 8.9 million bail almost a month ago after 108 days in custody—was detained Thursday on suspicion…
Newser

CNN

Nissan’s former head Carlos Ghosn arrested again in Japan

April 4, 2019 |

Former Nissan chief Carlos Ghosn was arrested in Japan Thursday for the fourth time, according to Japanese broadcaster NHK.
CNN.com – RSS Channel – World

Renault board to discuss Ghosn investigation, ex-CEO’s pay

April 2, 2019 |

French carmaker Renault SA’s board is holding a special meeting to discuss the latest results of its internal investigation into ex-boss Carlos Ghosn, amid new reports about suspicious payments under his watch.
FOX News

Carlos Ghosn readies for epic legal fight after finally being freed from Tokyo jail

March 6, 2019 |

The odds have been stacked against Carlos Ghosn, the once high-flying head of Nissan Motor Co. and Renault SA, since he was arrested in a country with a 99% conviction rate more than three months ago. Now, his luck may finally be turning.

Ghosn walked free from Tokyo’s main jail late Wednesday…


L.A. Times – Business

Ghosn readies counterpunch in Nissan fight, with new ‘all-star’ defense team

February 19, 2019 |

Can Carlos Ghosn beat the rap?

With a trial looming this year on charges of aggravated breach of trust and filing false statements to regulators regarding $ 80 million in deferred income, the former chairman of Nissan Motor Co. and Renault SA needs a new strategy. He’s lost two requests for bail…


L.A. Times – Business

Carlos Ghosn resigns from Renault, French minister announces

January 24, 2019 |

France’s finance minister says that Carlos Ghosn, who is fighting breach of trust and other charges in Japan, has resigned as head of Renault.

Ghosn has been detained for more than two months in Japan.

French Finance Minister Bruno Le Maire said at the World Economic Forum in Davos on Thursday…


L.A. Times – Business

Carlos Ghosn Offers to Pay for Ankle Monitor, Security to Get Bail in Japan

January 21, 2019 |

Carlos Ghosn scaled back his request for bail as his detention stretches into its ninth week, promising to stay in Tokyo and pay for an ankle monitor and security guards to ensure he doesn’t flee.
WSJ.com: US Business

CNN

Carlos Ghosn has been charged again and faces months in jail before trial

January 11, 2019 |

Carlos Ghosn could spend up to a year in a Tokyo jail awaiting trial after he was indicted for the second time since his arrest nearly two months ago.
CNN.com – RSS Channel – World