Chair of Nissan, Fall of Grace, Carlos Ghosn



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Nissan Chairman and President of the Renault Carlos Ghosn were arrested in Tokyo this week for financial misconduct. Photograph by Etienne Laurent, KEY STAFF

Nissan just launched Carlos Ghosn. The exquisite old Director, who was highly recommended for saving Nissan and his / her. creating Renault-Nissan Alliance, retired this night at Nissan headquarters in Yokohama, Japan, after a 5 hour board meeting urgent marathon to decide on Happiness and the Renault-Nissan-Mitsubishi time to futures.

He was arrested on allegations of financial misconduct that attacked the world business on Monday Monday after he was told to have been arrested in Tokyo. As one of the business's move and business, Ghosn was chairman of Nissan, Renault's chief executive and chairman of Mitsubishi, who sold 10.6 million vehicles last year, more than any manufacturer other. He saw the arrest of the shared prices at the three companies that rose on Tuesday on Tokyo Stock Exchange. A second-party, Greg Kelly, was held in suspicious care about serious financial management.

At a press release on a day after the arrest, Nissan Chief Executive Hiroto Saikawa said the authorities were arrested after he came to Japan earlier this day. Ghosn and Kelly were prosecuted for crimes that included millions of unused dollars during a monthly search sent by timbers; ask them to give protection as a result of their uncertain evidence.

In what shapes into the play of Shakespeare Japonesque, we are learning about the level of financial misconduct. Hope that more and more information is expected; come out every day Saikawa said that three types of misconduct were found: without reporting its income to financial authorities to a $ 40 million tune over 5 years, using investments for personal benefit, and the illegal use of company costs. The revenue it has made to authorities, 735 million yen (@ $ 6.5m), more than four times the Toyota chairman.

Earlier this week, Saikawa said he'd recommend it to & nbsp; The board, who met on Thursday, that Mr Ghosn will be removed. & Nbsp; At 9pm that night, it was official-Ghosn was away. "It is not necessary to say, this is an action that the company can not be suffering from," Saikawa said. He mentioned the director of Ghosn and Kelly, a & nbsp; who was arrested on Monday, as a "masterminds" of a long-running scheme for the suspension of financial authorities. He gave detailed details & nbsp; describing the ongoing investigation of the allegations.

The two executive officers may have been a "big series" of misconduct, as Saikawa says, but the growing struggle between Nissan and Renault as a result of inappropriate companies' income and the interest they have made. Renault management in its partnership means that this means that this situation has appeared.

It all goes down to its structure; This is a rare partnership between Nissan, Renault and Mitsubishi. The French government has 15% of Renault, although Renault has a 43% interest in Nissan. This relationship has been causing a problem between Nissan and Renault at a time, when many local media are reported, Mr Ghosn, due to the French government, has been struggling for a closer link between the two companies that would see confirming French control of a Japanese company. Nissan, who is far more profitable partner, wants to make more control over French.

"If you look at the company's values, Nissan has a value of around $ 39 billion and creates more than 50% of the revenue and sales of the alliance, but Renault is coming to the market, at around $ 15 billion. However, Renault does not have much value, "said Professor David Bailey of the Aston Business School. "For me, it seems that this is like a Nissan coup to remove Gosn."

Although such a character may have been debated, Gosn's removal as Headmaster, at least, has removed the weight of a full-fledged competition. , it could be with Renault.

The trouble against the Costs Against Happiness was clarified when Japan's main television station explained the situation that is now being discovered. The authorities have a explore his locks, his belt, and even his private parts. to make sure that it did not hide anything that could be harmful. In extremely vulnerable situations, where a person who may be in the face of a long prison sentence, one report said, Japanese prosecutors need to ensure that Gosn does not have suicide pipes and Anything that could harm him. It needs to specially assign defensive surrender and can only eat food prepared by the conservatory.

For many of the Japanese, the arrest of Ghosn is a disgrace, especially because a large majority of the population are seen as a Nissan defender. If Ghosn has not been able to retrieve her & # 39; company in 2001, and launched the radical measures that costly and sustained cutting, Nissan would have sunk. In recent years, he was featured as a leading musician in a comic book, which Mitsubishi gave under the Renault-Nissan Alliance screen, and met the Japanese emperor twice.

The Tokyo District Court has agreed to Gosn's extra hold for the next 10 days, and so where this saga will be, how it will affect its confederacy and exactly what punishment is going on? 39; donated to Ghosn, he still thinks that anyone. If the Japanese, who want Hope to prove, on their way, the former Nissan Chief Executive may have been defended for a period of imprisonment. However, if released on bail and allowing him to return to France or elsewhere, he may be able to avoid a conviction. On the other hand, the French government sent their Japanese delegate – the ambassador to visit the host held, on & # 39; Gosn found guilty of any crime according to French finance minister Bruno Le Maire. On the other hand, Renault does not make any movement against Hope until there is a certainty that he has committed crimes. Like the famous novel John Grisham, stops that this story will not be better.

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Nissan Chairman and President of the Renault Carlos Ghosn were arrested in Tokyo this week for financial misconduct. Photograph by Etienne Laurent, KEY STAFF

Nissan just launched Carlos Ghosn. The exquisite old Director, who was highly recommended for saving Nissan and his / her. creating Renault-Nissan Alliance, retired this night at Nissan headquarters in Yokohama, Japan, after a 5 hour board meeting urgent marathon to decide on Happiness and the Renault-Nissan-Mitsubishi time to futures.

He was arrested on allegations of financial misconduct that attacked the world business on Monday Monday after he was told to have been arrested in Tokyo. As one of the business's move and business, Ghosn was chairman of Nissan, Renault's chief executive and chairman of Mitsubishi, who sold 10.6 million vehicles last year, more than any manufacturer other. He saw the arrest of the shared prices at the three companies that rose on Tuesday on Tokyo Stock Exchange. A second-party, Greg Kelly, was held in suspicious care about serious financial management.

At a press release on a day after the arrest, Nissan Chief Executive Hiroto Saikawa said the authorities were arrested after he came to Japan earlier this day. Ghosn and Kelly were prosecuted for crimes that included millions of unused dollars during a monthly search sent by timbers; ask them to give protection as a result of their uncertain evidence.

In what shapes into the play of Shakespeare Japonesque, we are learning about the level of financial misconduct. Hope that more and more information is expected; come out every day Saikawa said that three types of misconduct were found: without reporting its income to financial authorities to a $ 40 million tune over 5 years, using investments for personal benefit, and the illegal use of company costs. The revenue it has made to authorities, 735 million yen (@ $ 6.5m), more than four times the Toyota chairman.

Earlier this week, Saikawa suggested that he praised the board, who met on Thursday, that Mr Ghosn will be removed. At 9pm that night, it was official-Gosn was not away. "It is not necessary to say, this is an action that the company can not be suffering from," Saikawa said. He commented on Ghosn and Kelly, a leader who was also arrested on Monday, as "great masters" of a long-running scheme to suspend financial authorities. He gave some information, announcing the ongoing investigation of the allegations.

The two executive officers may have been a "big series" of misconduct, as Saikawa says, but the growing struggle between Nissan and Renault as a result of inappropriate companies' income and the interest they have made. Renault management in its partnership means that this means that this situation has appeared.

It all goes down to its structure; This is a rare partnership between Nissan, Renault and Mitsubishi. The French government has 15% of Renault, although Renault has a 43% interest in Nissan. This relationship has been causing a problem between Nissan and Renault at a time, when many local media are reported, Mr Ghosn, due to the French government, has been struggling for a closer link between the two companies that would see confirming French control of a Japanese company. Nissan, who is far more profitable partner, wants to make more control over French.

"If you look at the company's values, Nissan has a value of around $ 39 billion and creates more than 50% of the revenue and sales of the alliance, but Renault is coming to the market, at around $ 15 billion. However, Renault does not have much value, "said Professor David Bailey of the Aston Business School. "For me, it seems that this is like a Nissan coup to remove Gosn."

Although such a character may have been debated, Gosn's removal as Headmaster, at least, has removed the weight of a full-fledged competition. , it could be with Renault.

The trouble against the Costs Against Happiness was clarified when Japan's main television station explained the situation that is now being discovered. The authorities have a explore his locks, his belt, and even his private parts. to make sure that it did not hide anything that could be harmful. In extremely vulnerable situations, where a person who may be in the face of a long prison sentence, one report said, Japanese prosecutors need to ensure that Gosn does not have suicide pipes and Anything that could harm him. It needs to specially assign defensive surrender and can only eat food prepared by the conservatory.

For many of the Japanese, the arrest of Ghosn is a disgrace, especially because a large majority of the population are seen as a Nissan defender. If Ghosn has not been able to retrieve her & # 39; company in 2001, and launched the radical measures that costly and sustained cutting, Nissan would have sunk. In recent years, he was featured as a leading musician in a comic book, which Mitsubishi gave under the Renault-Nissan Alliance screen, and met the Japanese emperor twice.

The Tokyo District Court has agreed to Gosn's extra hold for the next 10 days, and so where this saga will be, how it will affect its confederacy and exactly what punishment is going on? 39; donated to Ghosn, he still thinks that anyone. If the Japanese, who want Hope to prove, on their way, the former Nissan Chief Executive may have been defended for a period of imprisonment. However, if released on bail and allowing him to return to France or elsewhere, he may be able to avoid a conviction. On the other hand, the French government sent their Japanese delegate – the ambassador to visit the host held, on & # 39; Gosn found guilty of any crime according to French finance minister Bruno Le Maire. On the other hand, Renault does not make any movement against Hope until there is a certainty that he has committed crimes. Like the famous novel John Grisham, stops that this story will not be better.

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