UPDATE: Carlos Ghosn Will NOT Be Having A Merry Christmas

A Japanese court on Sunday extended for 10 days the detention of ousted Nissan Motor Co chairman Carlos Ghosn, who is facing new allegations of making the car maker shoulder $16.6 million in personal investment losses.

The extension announced by the Tokyo District Court means Ghosn will remain in Tokyo’s main detention center, where he has been confined since his arrest last month on initial allegations of financial misconduct...
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PUGPROUD - 12/24/2018 5:58:49 AM

+2 Boost

If this happened here Ghson would likely never be arrested and in the end pay a hefty SEC fine to get on getting on, though maybe he would have to give up his Chairman's seat. As others have pointed out, he is being squeezed in an effort to free Nissan from Renault and re-establish Japanese control.

mre30 - 12/24/2018 10:36:36 AM

+2 Boost

Laws are laws and each country makes their laws.

For example, if you ever happen to be in North Korea, don't break any laws because you will go away without a trial and maybe get beaten to death in the process.

Ghosn likely thought he was 'above the law' and if Japan was not legally holding him in prison, then Ghosn would have been out by now. The Japanese government is clearly in their rights (based on their laws) to hold him in jail.

I agree this wouldn't have happened in America or even Europe but every country has the right to make their own laws.

qwertyfla1 - 12/24/2018 8:41:53 AM

+1 Boost

Does this "THIEF" always look so pissed off?

Merry Christmas, Happy Hanukkah and Festivus for the rest of us!!!

MDarringer - 12/24/2018 9:51:00 AM

0 Boost

I hope he is tortured punishingly perhaps being forced to Yoko Ono's box set.

MDarringer - 12/24/2018 12:57:41 PM

+1 Boost

...and that's when the fun starts.