Carlos Ghosn Presser Aims at Nissan and Japanese Justice

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Thread: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

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    Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    BY WES RAYNAL
    JAN 8, 2020

    In a press conference lasting more than two hours in Beirut, former Nissan chairman Carlos Ghosn, after bolting bail in Japan, told his side of the story.

    It was the first press conference Ghosn held since his legal issues began in November 2018. Facing charges and trials that his team feared could have landed him in prison for more than a decade, last week he bolted to Lebanon in a private jet from Osaka’s Kansai International Airport.

    He said he escaped a “rigged Japanese justice system.” He continually blasted the country’s justice system and its 99 percent conviction rate. “Guilt is presumed, discrimination is rampant and basic human rights are denied. I was presumed guilty from Day 1,” he said.

    Ghosn faces four indictments in Japan. The first two allege he failed to disclose more than $80 million in deferred compensation. The other two say he diverted company money for his own gain.

    At the Beirut press conference, Ghosn said he was ready to retire before June 2018, but Nissan asked him to stay on. “I unfortunately accepted this offer,” he said. He said he was working to integrate Renault and Nissan while respecting the autonomy of both companies, but there was mistrust, and Nissan higher-ups thought Renault was gaining too much power. “Some of my Japanese friends thought that the only way to get rid of the influence of Renault on Nissan, was to get rid of me,” he said.

    He thus claimed it was Nissan execs, looking for a fall guy, who engineered his arrest, colluding with the Japanese government. “One of the reasons I’m in this situation today is that I accepted this offer to continue to integrate the two companies, to converge the two companies,” he said.

    He also said Nissan’s financial woes that began in 2017 prompted the company to act against him.

    “There was some nervousness in the ranks of top management at Nissan that at some time patience would run out and change would come,” Ghosn said. He said former Nissan CEO Hiroto Saikawa, former executive VP Hitoshi Kawaguchi and outside director Masakazu Toyoda were among those involved in the plot against him and that it was never going to be a fair outcome.

    “I did not escape justice, I fled injustice and persecution, political persecution,” said Ghosn during his press conference. He added that he was left with no other choice and also called Japan’s hostage justice system “inhumane” and “anachronistic.”

    “It is a system indifferent to the truth, indifferent to fairness and process, indifferent to fundamental civil liberties and justice,” he proclaimed.

    Ghosn also attacked the investigation that led to his 2018 arrest. “I was brutally taken from my world as I knew it,” he said. “I was ripped from my family, my friends, from my communities and from Renault, Nissan and Mitsubishi.”

    “I felt that I was a hostage in a country that I had served for 17 years,” he said. “For 17 years I was considered a role model in Japan.”

    Ghosn also criticized his treatment under arrest, where he spent nearly 130 days in solitary confinement as prosecutors repeatedly arrested him on different counts.

    Ghosn’s escape humiliated Japan, and authorities defended the country’s legal system as fair and said Ghosn bolted to escape punishment for his alleged crimes. “Prosecutors indict defendants only when prosecutors conclude that they can establish their case in courts beyond any reasonable doubt,” the Tokyo Public Prosecutor’s Office said in a release. “As a result, Japan has had a history of high conviction rates.”

    For its part, Nissan also issued a statement that said it found “incontrovertible evidence” of misconduct by Ghosn and that “the company will continue to take appropriate legal action to hold Ghosn accountable for the harm that his misconduct has caused to Nissan,” the automaker said.

    More is definitely to come.

    https://www.autoweek.com/news/a30442...ustice-system/
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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    I listened to a good portion of it this morning on the drive in; if 1/4 of what he shared is true, awful!

    He had 3 choices:

    1) Die in jail/house arrest secluded from family waiting for trial(s) - likely one after another (not at the same time) starting in 2021 (he's already been locked-up for over a year).
    2) Plead Guilty, which would result in being locked-up for the rest of his life.
    3) "Alcatraz".................
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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    His story is definitely compelling. Sure seems to shed ill on Japan's orderly society of law-abiding citizens. Makes me not so anxious about going there.
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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Remember, Datsun Corp is part of the old Japanese Warlord system.
    The reason they renamed themselves Nissan was due to the Anglo's dislike for Datsun due to their WW II contributions against Allies.

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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by mbukukanyau View Post
    Remember, Datsun Corp is part of the old Japanese Warlord system.
    The reason they renamed themselves Nissan was due to the Anglo's dislike for Datsun due to their WW II contributions against Allies.
    This from Wikipedia is quite interesting in telling how it all came to be. https://en.wikipedia.org/wiki/Datsun
    "The decision to change the name Datsun to Nissan in the U.S. was announced in the autumn (September/October) of 1981. The rationale was that the name change would help the pursuit of a global strategy. A single name worldwide would increase the possibility that advertising campaigns, brochures, and promotional materials could be used across countries and simplify product design and manufacturing. Further, potential buyers would be exposed to the name and product when traveling to other countries. Industry observers, however, speculated that the most important motivation was that a name change would help Nissan market stocks and bonds in the U.S. They also presumed substantial ego involvement, since the absence of the Nissan name in the U.S. surely rankled Nissan executives who had seen Toyota and Honda become household words."[29]

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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by 1958carnut View Post
    This from Wikipedia is quite interesting in telling how it all came to be. https://en.wikipedia.org/wiki/Datsun
    Ah, official communication ! So helpful

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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by 1958carnut View Post
    This from Wikipedia is quite interesting in telling how it all came to be. https://en.wikipedia.org/wiki/Datsun
    The change from Datsun to Nissan was more a sign of jump the shark instead.

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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by mbukukanyau View Post
    Remember, Datsun Corp is part of the old Japanese Warlord system.
    The reason they renamed themselves Nissan was due to the Anglo's dislike for Datsun due to their WW II contributions against Allies.
    I've never heard that used as an explanation. Mitsubishi via its parent company was far more active in supplying heavy equipment and arms to Imperial Japan (in fact, hence why Nagasaki was a target), yet they continued on as is post war.
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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    So Lebanon just issued Carlos a travel ban. Maybe they are not going to let him stay after all.

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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by NHRATA01 View Post
    I've never heard that used as an explanation. Mitsubishi via its parent company was far more active in supplying heavy equipment and arms to Imperial Japan (in fact, hence why Nagasaki was a target), yet they continued on as is post war.
    Mitsubishi...from the nice people who brought you the Zero. No, NOT Mary's zerozerozero, the OTHER Zero.

    Quote Originally Posted by Vagon11 View Post
    So Lebanon just issued Carlos a travel ban. Maybe they are not going to let him stay after all.
    If it's a travel ban, he has to stay. Hopefully bribe money hasn't found its way to the top at Lebanon and they won't stick their guy in the back.

    How's Brazil looking this time of year? Argentina?
    Last edited by Neanderthal; 01-09-2020 at 12:57 PM.
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    Re: Carlos Ghosn Presser Aims at Nissan and Japanese Justice

    Quote Originally Posted by NHRATA01 View Post
    I've never heard that used as an explanation. Mitsubishi via its parent company was far more active in supplying heavy equipment and arms to Imperial Japan (in fact, hence why Nagasaki was a target), yet they continued on as is post war.
    I don't think mitsu is a single company. As I recall, after WWII, the US forcibly disbanded several of the large Japanese family companies. The mitsi website reinforces the fact they are not related as companies with no central management. See https://www.mitsubishi.com/e/history/about.html


    Japan is an interesting place. When I was at a software startup, I found just how arcane doing biz in Japan is. It is a tightly controlled economy requiring an importer. To understand just how controlling that is, I had some free time and popped into a dept store. This was around 1993. I saw a box of Dole fruit in cans (5 14oz-ish sized cans) like you'd buy in the grocery for maybe a buck each. Price was around USD75 after converting from Yen. As I recall, we discounted our price to the importer around 40%. The importer then raised our list price 3X to their customers. Mitsu electronics was one of the customers. We also picked up Hitachi as a customer both in the US and Japan. Japan bought from the importer and paid the importer price while US group bought direct. I asked our sales/marketing guy why in the world would Hitachi pay 3X (or more really with the discount the US division got) for the Japan copies? He just looked at me and just said that is the way it is.

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