Ex-Nissan Chief, Carlos Ghosn, Received A LOT Of $$$ Improperly — Embezzlement Charges Coming Down The 'Pike?

Carlos Ghosn improperly received $9 million in compensation from a joint venture (JV) between Nissan Motor and Mitsubishi Motors, the Japanese automakers said on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement.

In the latest twist to the saga of the once-feted official’s fall from grace, the automakers have found that Ghosn was paid by their Netherlands-based JV without the knowledge of the unit’s two other directors - Nissan Motor CEO Hiroto Saikawa and Mitsubishi Motor CEO Osamu Masuko.

Ghosn, arrested and detained in Tokyo for about two months, has already been indicted on charges of under-reporting his income for eight years at Nissan through March 2018, and temporarily transferring personal investment losses to the automaker during the global financial crisis...
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PUGPROUD - 1/19/2019 1:13:52 PM

+2 Boost

Greed has been the undoing of many.

MDarringer - 1/19/2019 7:08:53 PM

-1 Boost

Ghosn and De Nysschen need to work together with Elon Musk.

mini22 - 1/20/2019 5:16:50 PM

+2 Boost

Can you spare some Grey Poupon....

mre30 - 1/21/2019 8:12:16 AM

+2 Boost

These scandals are always hard to unpack. The take away for me from all this, regardless of what Ghosn did, is that Japan has a third-world/totalitarian criminal justice system.

The reports in the media about his incarceration and the 'no-bail' conditions are alarming. It seems that whether he is guilty of something or not (I think he is guilty of a few things IMO), he will likely be convicted of something.

Its odd in a first-world country (Japan) that there are questions about whether he can get a fair trial. Sad