From jet-setting star auto executive to masked suspect in a construction worker's outfit: Carlos Ghosn, credited with rescuing both Renault and Nissan, left a Tokyo detention center after more than 3 months in custody.
A man walks by a TV monitor which reports on former chairman of Nissan Motor Co., Carlos Ghosn, in Tokyo Wednesday, March 6, 2019. Disguised as a construction worker, Ghosn left a Tokyo detention center Wednesday after posting 1 billion yen bail.
Brazilian-born and raised in Lebanon, Ghosn had been held since his arrest on Nov. 19 shortly after he arrived at a Tokyo airport aboard a private jet. He has stoutly maintained his innocence and vowed to fight charges he falsified financial reports and committed breach of trust. Ghosn, who led the Renault-Nissan-Mitsubishi Motors alliance, found himself the subject of an internal investigation, initiated by whistleblowers, Nissan says, into his compensation and handling of company funds.
Ghosn also faces charges of breach of trust that stem from his handling of investment losses and payments to a Saudi businessman. He says the investment losses, temporarily transferred onto and then off of Nissan’s books, caused the company no losses. The payments, he says, were for legitimate business purposes.
“Beyond being sorry I feel great disappointment, frustration, despair, indignation and resentment,” Saikawa said, apologizing profusely for the situation, which has raised serious questions about overall corporate governance at Nissan and drawn promises for improvements.
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