carlos ghosn - updates

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Ghosn escape proves fresh headache for ailing Nissan

Jan 10, 2020 - 5:40 PM

The Ghosn scandal has already cost Nissan dearly

Lebanon bans Ghosn from foreign travel

Jan 09, 2020 - 7:25 PM

(UPDATED) Ex-auto magnate Carlos Ghosn, who fled to Lebanon, is 'banned from traveling until his judicial file arrives from Japan'

Former Renault-Nissan boss Carlos Ghosn addresses a large crowd of journalists on his reasons for dodging trial in Japan, where he is accused of financial misconduct, at the Lebanese Press Syndicate in Beirut on January 8, 2020. - The 65-year-old fugitive auto tycoon vowed to clear his name as he made his first public appearance at a news conference in Beirut since skipping bail in Japan. Ghosn, who denies any wrongdoing, fled charges of financial misconduct including allegedly under-reporting his compensation to the tune of $85 million. (Photo by JOSEPH EID / AFP)

Japan's legal system under fire as Ghosn takes aim

Jan 09, 2020 - 4:35 PM

Carlos Ghosn slams everything from Japan's sky-high conviction rate to the conditions he faced during 130 days of pre-trial detention

CARLOS GHOSN. A man passes by a huge screen showing a news program featuring former Nissan chief Carlos Ghosn in Tokyo on January 9, 2020. Photo by Behrouz Mehri/AFP

Defiant car magnate Ghosn hits back against Japanese 'plot'

Jan 08, 2020 - 9:51 PM

(UPDATED) Former Renault-Nissan boss Carlos Ghosn tells media in Lebanon he was 'presumed guilty' and had 'no choice' but to flee Japan

Former Renault-Nissan boss Carlos Ghosn addresses a large crowd of journalists on his reasons for dodging trial in Japan, where he is accused of financial misconduct, at the Lebanese Press Syndicate in Beirut on January 8, 2020. - The 65-year-old fugitive auto tycoon vowed to clear his name as he made his first public appearance at a news conference in Beirut since skipping bail in Japan. Ghosn, who denies any wrongdoing, fled charges of financial misconduct including allegedly under-reporting his compensation to the tune of $85 million. (Photo by JOSEPH EID / AFP)

Planes, trains, and boxes: Carlos Ghosn's audacious escape

Jan 08, 2020 - 10:44 AM

Carlos Ghosn's escape from Japan, where he was awaiting trial, is worthy of a Hollywood plot

Former Nissan chairman Carlos Ghosn leaves his lawyers' offices after he was released earlier in the day from a detention centre after posting bail in Tokyo on March 6, 2019. - Ghosn posted bail of 1 billion yen (9 million USD) in cash on March 6, paving the way for his release from the Tokyo detention centre after more than three months in custody. (Photo by Kazuhiro NOGI / AFP)

Tokyo prosecutors obtain arrest warrant for Ghosn's wife

Jan 07, 2020 - 10:04 PM

Carlos Ghosn's wife Carole, 53, is now believed to be in Lebanon with her husband

ARREST WARRANT. This file photo taken on April 3, 2019 shows former Nissan chairman Carlos Ghosn (L) and his wife Carole (R) leaving the office of his lawyer in Tokyo. File photo by Kazuhiro Nogi/AFP

Ghosn 'fled by bullet train' as Japan vows to bolster borders

Jan 06, 2020 - 4:57 PM

The details of Carlos Ghosn's escape remain spotty, with Japan saying it is still investigating how he slipped past strict security measures imposed as part of his bail conditions

CAROS GHOSN. In this file photo taken on April 3, 2019 Former Nissan Chairman Carlos Ghosn (L) and his wife Carole (R) leave the office of his lawyer in Tokyo. File photo by Kazuhiro Nogi/AFP

Japan blasts 'unjustifiable' Ghosn's escape

Jan 05, 2020 - 3:28 PM

Japan's justice minister confirms that the ex-Nissan chief's bail has been cancelled and that an Interpol 'red notice' has been issued

ESCAPED. In this file photo, former Nissan chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. Photo by Kazuhiro Nogi/AFP

Ghosn lawyer feels betrayal, sympathy over tycoon's Japan escape

Jan 04, 2020 - 6:13 PM

'I can easily imagine that if people with wealth, human networks and ability to take action have the same experience, they would do the same thing or at least consider doing so,' Takashi Takano says

BETRAYED. In this file photo, Takashi Takano talks during an interview with Agence France Presse at his office in Tokyo on May 21, 2019. Photo by Charly Triballeau/AFP

Turkish private jet firm says planes used 'illegally' in Ghosn escape

Jan 03, 2020 - 6:00 PM

Turkish private jet company MNG says one employee has admitted to falsifying the records to keep Carlos Ghosn's name off the flight manifest, and that he acted 'in his individual capacity'

'ILLEGAL.' This file photo shows former Nissan chairman Carlos Ghosn leaving his lawyers' offices in Tokyo on March 6, 2019. File photo by Kazuhiro Nogi/AFP

Carlos Ghosn's escape: What we know

Jan 03, 2020 - 7:27 AM

Here's what we know about the former Renault-Nissan boss's escape

FLEE. In this file photo taken on April 3, 2019 Former Nissan Chairman Carlos Ghosn and his wife Carole (right) leave the office of his lawyer in Tokyo. Photo by Kazuhiro Nogi/AFP

Japan raid, Turkey arrests in widening Ghosn probe

Jan 02, 2020 - 7:22 PM

Colorful rumors abound regarding the exact circumstances of Carlos Ghosn's daring escape

RAID. Japanese prosecutors carry bags as they leave the residence of former auto tycoon Carlos Ghosn on January 2, 2020, after Ghosn fled Japan to avoid a trial. Photo by STR/Jiji Press/AFP

Ghosn used one of two French passports to flee – media

Jan 02, 2020 - 2:52 PM

Prosecutors and police are poised to launch an investigation into the stunning escape, suspecting he departed 'in an unlawful manner,' public broadcaster NHK says

CARLOS GHOSN. This screen grab from a handout video released on April 9, 2019 by representatives of former Nissan chief Carlos Ghosn shows him speaking in a video message recorded on April 3. Handout photo from representatives for Carlos Ghosn/AFP

Japan media blasts 'cowardly' Ghosn after escape

Jan 01, 2020 - 3:19 PM

By leaving the country, Ghosn has 'lost the opportunity to prove his innocence and vindicate his honor,' says the Yomiuri Shimbun

RUNAWAY. In this file photo taken on November 8, 2016, Renault-Nissan Alliance chief executive Carlos Ghosn poses for a portrait after an interview at the Web Summit at Parque das Nacoes in Lisbon. Photo by Patricia De Melo Moreira/AFP

Ghosn's escape leaves Japan red-faced

Dec 31, 2019 - 4:51 PM

'Was there help extended by an unnamed country? It is also a serious problem that Japan's system allowed an illegal departure so easily,' says lawmaker Masahisa Sato

ABRUPT DEPARTURE. In this file photo, former Nissan Chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. Photo by Kazuhiro Nogi/AFP

Ghosn confirms he is in Lebanon, blasts 'rigged Japanese justice system'

Dec 31, 2019 - 2:55 PM

'I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied,' says the tycoon in a statement.

FLEES INJUSTICE. In this file photo taken on September 15, 2017 then Renault-Nissan Chairman and CEO Carlos Ghosn gestures as he addresses a press conference in Paris. Photo by Eric Piermont/AFP

Renault-Nissan alliance in flux a year after Ghosn shock

Nov 17, 2019 - 10:00 PM

One year since the arrest of automobile executive Carlos Ghosn, how is the alliance between Renault and Nissan?

A new logo showing Renault, Nissan and Mitsubishi is pictured ahead of a press conference at the Nissan headquarters in Yokohama, Kanagawa prefecture on March 12, 2019. (Photo by Behrouz MEHRI / AFP)

One year after arrest, Ghosn seeks to throw out case against him

Nov 17, 2019 - 6:39 PM

Legal experts and even the ex-Nissan chief's defense lawyer are doubtful of his chances

EMBATTLED. Former Nissan chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. File photo by Kazuhiro Nogi/AFP

Crisis-hit Nissan chops forecasts, net profit worst for a decade

Nov 12, 2019 - 6:07 PM

Nissan blames the poor outlook on weak first-half earnings, a strong yen, an uncertain global outlook, and the stagnation of the car industry in general

NISSAN. This file photo shows a man walking in front of the logo of Japan's Nissan Motor Corporation at its global headquarters in Yokohama, Kanagawa prefecture. File photo by Kazuhiro Nogi/AFP

Renault ousts CEO Bollore, hoping to close out Ghosn era

Oct 11, 2019 - 7:56 PM

In a terse statement, Renault gives no reason for Thierry Bollore's ouster, 9 months after he was named to follow Carlos Ghosn

RENAULT. In this file photo, then CEO of French carmaker Renault Thierry Bollore speaks during a press day at the IAA Car Show in Frankfurt, on September 10, 2019. File photo by Tobias Schwarz/AFP

U.S. SEC charges Nissan, ex-CEO Ghosn with hiding $140 million from investors

Sep 24, 2019 - 12:12 AM

Former CEO Carlos Ghosn will pay $1 million in fines to settle the matter without admitting wrongdoing, and will be barred from serving as a corporate executive for 10 years. Nissan will pay a $15 million fine.

CARLOS GHOSN. Former Nissan chairman Carlos Ghosn (C) is escorted as he walks out of the Tokyo Detention House following his release on bail in Tokyo on April 25, 2019. File photo by Behrouz Mehri/AFP

French police raid Renault HQ over Ghosn wedding probe

Jul 03, 2019 - 9:08 PM

A Renault spokesman confirms the search is under way and says the company is 'fully cooperating with the authorities'

RENAULT. A photo taken on November 19, 2018 shows the headquarters of the Renault car manufacturer in Boulogne Billancourt, outside Paris. File photo by Eric Piermont/AFP

Nissan shareholders approve post-Ghosn governance overhaul

Jun 25, 2019 - 6:32 PM

Nissan CEO Hiroto Saikawa assures shareholders he will protect the independence of Nissan, part of a three-way alliance with Renault and Japan's Mitsubishi Motors

Wife of ex-Nissan boss Ghosn seeks Trump help

Jun 17, 2019 - 6:22 PM

'I'd like President Trump to speak to Prime Minister (Shinzo) Abe about fair conditions, fair trial conditions, and to let me speak to my husband – and also to respect this presumption of innocence until proven guilty,' says Carole Ghosn

CARLOS AND CAROLE GHOSN. This picture taken on April 3, 2019 shows former Nissan Chairman Carlos Ghosn (L) and his wife Carole (L) leave the office of his lawyer Junichiro Hironaka in Tokyo. File photo by Kazuhiro Nogi/AFP

Renault vows 'fresh start' for alliance with Nissan

Jun 12, 2019 - 11:53 PM

'There can be no success for Renault without the success of the alliance,' says Renault chairman Jean-Dominique Senard

ALLIANCE. In this file photo taken on March 12, 2019 Nissan Motors president and CEO Hiroto Saikawa (R) looks at Renault chairman Jean-Dominique Senard (L) during a press conference at the Nissan headquarters in Yokohama, Kanagawa prefecture. File photo by Behrouz Mehri/AFP

Renault to bring case against Ghosn over expenses

Jun 05, 2019 - 6:20 PM

Renault and Nissan discover 11 million euros ($12 million) of questionable expenses at their Dutch subsidiary RNBV, linked to Carlos Ghosn

CARLOS GHOSN. Former Nissan Chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. File photo by Kazuhiro Nogi/AFP

Lawyer for Ghosn slams 'outrageous' rules on seeing wife

May 22, 2019 - 3:48 PM

The tough terms of his bail mean Carlos Ghosn needs court permission to visit his wife Carole, whom prosecutors believe has made contact with people involved in the case against the tycoon

TAKASHI TAKANO. Takashi Takano, one of the lawyers of former Nissan chairman Carlos Ghosn, talks during an interview with AFP at his office in Tokyo on May 21, 2019. Photo by Charly Triballeau/AFP

Ghosn wins bail in Japan but banned from seeing wife

Apr 25, 2019 - 5:21 PM

(UPDATED) Under the conditions of his bail, Carlos Ghosn must stay in Japan and must live in a court-appointed residence with cameras to monitor his movements amid fears he might try to destroy evidence

BAIL. In this file photo, former Nissan chairman Carlos Ghosn leaves his lawyers' offices after he was released earlier in the day from a detention center after posting bail in Tokyo on March 6, 2019. File photo by Kazuhiro Nogi/AFP

Ghosn hit with fresh charge in Japan, files for bail

Apr 22, 2019 - 1:18 PM

(UPDATED) Japanese authorities charge Carlos Ghosn with aggravated breach of trust, the fourth formal indictment against him

CARLOS GHOSN. Former Nissan Chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. File photo by Kazuhiro Nogi/ AFP

Ghosn to be indicted on fresh charge – media

Apr 19, 2019 - 6:32 PM

According to sources, Tokyo prosecutors will indict the former auto tycoon on suspicion that he had used the money from Nissan for his personal investments into 30 companies

Japan Supreme Court rejects Ghosn appeal

Apr 13, 2019 - 10:35 PM

The court slapped down the appeal without explaining the ruling, according to media reports

APPEAL JUNKED. In this file photo, former Nissan chairman Carlos Ghosn leaves his lawyers' offices after he was released earlier in the day from a detention center after posting bail in Tokyo on March 6, 2019. Photo by Kazuhiro Nogi/AFP

Japan court says Carlos Ghosn detention extended until April 22

Apr 12, 2019 - 3:46 PM

The 65-year-old will be held in custody at a detention center in Tokyo until April 22, whereupon authorities will either have to press formal charges, release him or re-arrest him if they feel he has other accusations to answer

CARLOS GHOSN. This screen grab from handout video released on April 9, 2019 by representatives of former Nissan chief Carlos Ghosn shows him speaking in a video message recorded on April 3 before his rearrest earlier this month in Tokyo. Handout photo by representatives for Carlos Ghosn/AFP

Carlos Ghosn's wife questioned in Tokyo

Apr 11, 2019 - 2:27 PM

(UPDATED) Carole Ghosn has increasingly emerged as a key figure in the case surrounding her tycoon husband, who is in detention facing multiple allegations of financial malpractice

CARLOS AND CAROLE GHOSN. This picture taken on April 3, 2019 shows former Nissan Chairman Carlos Ghosn (L) and his wife Carole (L) leave the office of his lawyer Junichiro Hironaka in Tokyo. Photo by Kazuhiro Nogi/AFP

Ghosn accuses Nissan executives of 'backstabbing' plot

Apr 09, 2019 - 3:38 PM

In the brief video, played by his lawyers at a press conference, Carlos Ghosn denounces a 'conspiracy' against him and says events had been 'twisted in a way to paint a personage of greed, a personage of dictatorship'

CARLOS GHOSN. This screen grab from handout video released on April 9, 2019 by representatives of former Nissan chief Carlos Ghosn shows Ghosn speaking in a video message recorded on April 3 before his rearrest earlier this month in Tokyo. Handout photo by Representatives for Carlos Ghosn/AFP

Nissan shareholders sack ex-chief Ghosn

Apr 08, 2019 - 2:28 PM

Nissan sacks Ghosn as chairman almost immediately after his initial arrest but an extraordinary meeting of shareholders is required to remove him from the board

CARLOS GHOSN. Former Nissan Chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. File photo by Kazuhiro Nogi/AFP

Ghosn to name names as wife flees Tokyo

Apr 07, 2019 - 11:00 PM

The wife of ex-Nissan boss Carlos Ghosn says he will name 'the people responsible for what has happened to him'

This picture taken on April 3, 2019 shows former Nissan Chairman Carlos Ghosn (2nd L) and his wife Carole (R) leave the office of his lawyer Junichiro Hironaka in Tokyo. - Former Nissan boss Carlos Ghosn will remain in custody until at least April 14, a Japanese court ruled on April 5, 2019, as prosecutors quiz him over fresh allegations of financial misconduct. (Photo by Kazuhiro NOGI / AFP)

Japan court extends Ghosn detention until April 14

Apr 05, 2019 - 2:14 PM

A statement from the Tokyo District Court says it accepts a request from prosecutors to detain the 65-year-old auto tycoon for a further 10-day period that can subsequently be extended once more

Junichiro Hironaka (R) and Sho Kosasa (L), lawyers for former Nissan chief Carlos Ghosn, attend a press conference in Tokyo on April 4, 2019. Former Nissan chief Carlos Ghosn was rearrested early on April 4 in Tokyo on fresh financial misconduct allegations, with the auto tycoon slamming his detention as "outrageous and arbitrary". CHARLY TRIBALLEAU / AFP

Ex-Nissan chief Ghosn rearrested in Tokyo

Apr 04, 2019 - 7:56 AM

(UPDATED) Public broadcaster NHK and other media say prosecutors had entered Ghosn's temporary accommodation in central Tokyo early Thursday morning and that he left with them by car shortly afterwards

REARRESTED. Former Nissan Chairman Carlos Ghosn leaves the office of his lawyer Junichiro Hironaka in Tokyo on April 3, 2019. Photo by  Kazuhiro NOGI/AFP

Ghosn tweets press conference as authorities 'mull fresh charge'

Apr 03, 2019 - 2:47 PM

(UPDATED) Japanese media report authorities are probing a possible aggravated breach of trust charge related to at least $32 million in Nissan funds transferred to a distributor in Oman

ANOTHER CASE. This file photo taken on September 15, 2017 shows then-Renault-Nissan chairman and CEO Carlos Ghosn gesturing as he addresses a press conference in Paris. Photo by ERIC PIERMONT/AFP

Nissan urged to shake up governance after Ghosn arrest

Mar 27, 2019 - 9:18 PM

'I think it's a bold proposal to remove the chairman's position' which exists in many Japanese companies, says Sadayuki Sakakibara, co-chairman of the advisory committee

NISSAN. Seiichiro Nishioka (L) and Sadayuki Sakakibara (R), co-chairs for Nissan's special committee for improving governance, attend a Nissan Motor press conference in Yokohama on March 27, 2019. Photo by Charly Triballeau/AFP

Renault, Nissan, Mitsubishi unveil new joint board post-Ghosn

Mar 12, 2019 - 5:20 PM

'We have decided to join our forces again, to enhance the strength of our collaboration,' says Renault Chairman Jean-Dominique Senard

JOINT BOARD. Nissan Motors president and CEO Hiroto Saikawa (C), Renault chairman Jean-Dominique Senard (L) and Mitsubishi Motors chairman and CEO Osamu Masuko (R) take their seats at the start of a press conference at the Nissan headquarters in Yokohama, Kanagawa prefecture on March 12, 2019. Photo by Behrouz Mehri/AFP

Court bars Ghosn from attending Nissan board meeting

Mar 11, 2019 - 4:36 PM

Carlos Ghosn cannot be officially removed from his seat on the Nissan board without an extraordinary shareholders' meeting – expected to occur on April 8

BARRED FROM NISSAN MEETING. In this file photo taken on May 12, 2011, Carlos Ghosn speaks at a news conference to announce the company's fiscal year 2010 earnings in Yokohama. File photo by Kazuhiro Nogi/AFP

Lawyer sorry for 'tainting' Ghosn's fame with workman disguise

Mar 08, 2019 - 1:30 PM

(UPDATED) Lawyer Takashi Takano says the bizarre get-up was a bid to protect Carlos Ghosn's privacy and to help prevent media from tracking him to his home

WORKMAN'S CLOTHES. Former Nissan chairman Carlos Ghosn leaves the Tokyo Detention House following his release on bail in Tokyo on March 6, 2019. Photo by Jiji Press/AFP

'Tired' Ghosn recovers, as lawyers ready 'thorough' defense

Mar 07, 2019 - 1:18 PM

Top lawyer Junichiro Hironaka is light on details about Carlos Ghosn, who is freed on March 6 after more than 100 days in jail

CARLOS GHOSN. Former Nissan chairman Carlos Ghosn leaves his lawyers' offices after he was released earlier in the day from a detention centre after posting bail in Tokyo on March 6, 2019. Photo by Kazuhiro Nogi/AFP

Ghosn out on bail after more than 100 days

Mar 06, 2019 - 6:50 PM

Former Nissan chief Carlos Ghosn leaves the detention center in northern Tokyo flanked by guards, wearing a blue cap, a white medical face mask, and a work jacket with orange reflective stripes

ON BAIL. Former Nissan chairman Carlos Ghosn leaves the Tokyo Detention House following his release on bail in Tokyo on March 6, 2019. Photo by Jiji Press/AFP

Ex-Nissan chief Ghosn wins bail in Japan

Mar 05, 2019 - 12:19 PM

(3rd UPDATE) An appeal by prosecutors against the decision to grant Carlos Ghosn bail is thrown out late Tuesday, March 5

CARLOS GHOSN. Men walk past a screen showing a news program featuring Carlos Ghosn in Tokyo on November 20, 2018. File photo by Toshifumi Kitamura/AFP

Ghosn family calls on United Nations to help release him – lawyer

Mar 05, 2019 - 9:57 AM

Carlos Ghosn faces 3 charges of financial misconduct, two involving alleged under-reporting of his salary and a third over a complex scheme in which he allegedly sought to transfer his losses to Nissan's books

CALLING FOR RELEASE. Lawyer of Carlos Ghosn's family, Francois Zimeray, speaks to media during a press point on March 4, 2019 in Paris. Photo by Jacques Demarthon/AFP

Ghosn lawyer hopes 'convincing' bail bid will secure release

Mar 04, 2019 - 4:15 PM

Carlos Ghosn's new lead defense lawyer, Junichiro Hironaka, says there is a 'realistic' chance of Ghosn eventually being found innocent of all charges

A NEW BAIL BID. Pedestrians look at a television screen showing a news program featuring former Nissan chief Carlos Ghosn in Tokyo on December 21, 2018. File photo by Kazuhiro Nogi/AFP

Ex-Nissan chief Carlos Ghosn makes fresh bail request

Feb 28, 2019 - 6:27 PM

It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defense to 3 charges of financial misconduct

BAIL REQUEST. This file photo taken on September 15, 2017 shows then-Renault-Nissan chairman and CEO Carlos Ghosn gesturing as he addresses a press conference in Paris. File photo by Eric Piermont/AFP

Ghosn held $260,000 Rio party billed to Renault-Nissan, documents show

Feb 21, 2019 - 6:39 PM

According to documents seen by AFP, Carlos Ghosn invited 8 couples to watch the Carnival parade in Rio de Janeiro in February 2018 from a beach-side luxury hotel

GHOSN. News of the party is the latest evidence of Carlos Ghosn's expensive lifestyle to emerge. File photo by Jiji Press/AFP