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TOKYO, Japan (AFP) — Japanese automaker Nissan on Tuesday slammed its former chief Carlos Ghosn for jumping bail, calling his escape “extremely regrettable” and vowing continued legal action to hold him accountable. Ghosn, who faced trial on financial misconduct charges that he denies, fled Japan on December 29 for Lebanon, in an elaborate and apparently carefully planned escape. His bail-jumping has prompted outrage from Japanese officials, but he insists that he would have been unable to […]
French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday. Renault and FCA are likely to unveil the move “within hours, perhaps tomorrow (Monday), before the (Paris) bourse opens,” one of the sources told AFP on condition of anonymity, adding an eventual “merger” was on the agenda. The same source added a statement would cover “the […]
by Richard CARTER TOKYO, Japan (AFP) — A Japanese court granted Carlos Ghosn bail Thursday, meaning the former Nissan boss could soon walk out of his Tokyo detention center to prepare his defense against multiple charges of financial misconduct. The Tokyo District Court set bail at 500 million yen ($4.5 million) as the 65-year-old auto sector legend faces four charges ranging from concealing part of his salary from shareholders to syphoning off Nissan funds for […]
PARIS, France (AFP) — Former auto tycoon Carlos Ghosn vowed to prove his innocence of alleged financial misdeeds but raised doubts about receiving a fair trial in Japan, in an interview with French television just before he was re-arrested on Thursday. The ousted boss of Nissan and Renault, whose case has gripped Japan and the rest of the business world, said in the interview that if his trial was fair he was “not worried”. But […]
by Karyn Nishimura Agence France-Presse TOKYO, Japan (AFP) – Former Nissan chief Carlos Ghosn was rearrested early Thursday in Tokyo while out on bail, local media said, as prosecutors investigate a fresh charge against the auto tycoon. Authorities arrested the 65-year-old less than a month after he was dramatically freed on bail following more than 100 days in detention. Public broadcaster NHK and other media said prosecutors had entered Ghosn’s temporary accommodation in central Tokyo early […]
TOKYO, Japan (AFP) — Former Nissan chief Carlos Ghosn is seeking court permission to attend a board meeting at the Japanese automaker while out on bail, local media reported Monday. Ghosn wants to attend a Tuesday meeting at the company’s headquarters in the city of Yokohama, Kyodo news agency reported, citing one of his lawyers. The office of Ghosn’s lead lawyer Junichiro Hironaka declined to comment. Nissan said it could not confirm that Ghosn was […]
by Harumi OZAWA / Natsuko FUKUE TOKYO, Japan (AFP) — Former Nissan chief Carlos Ghosn left his Tokyo detention center Wednesday after more than 100 days in custody, following a shock court decision granting him bail of one billion yen ($9 million). Ghosn left 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. Unrecognisable from the tycoon who […]
TOKYO, Japan (AFP) — A Tokyo Court on Tuesday granted ex-Nissan chief Carlos Ghosn bail, local media reported, in a shock decision that could see the auto tycoon freed after more than three months of detention. The court reportedly set the bail at one billion yen ($9 million), but prosecutors are likely to appeal the decision and could even file additional allegations against Ghosn to keep him from leaving detention. © Agence France-Presse
PARIS, France (AFP) — The family of former industrial tycoon Carlos Ghosn, currently held in Japan on charges of financial misconduct, is to appeal to the United Nations in a bid to have him released, one of his lawyers said Monday. Ghosn, 64, formerly in charge of the Nissan and Renault carmakers, has been in detention since his shock November 19 arrest, and has tried repeatedly without success to secure bail. “We have decided to […]
TOKYO, Japan (AFP) — Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan who has been detained for more than three months, the Tokyo District Court said. It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defence to three charges of financial misconduct. The former high-flying executive has been in detention since his shock […]
TOKYO, Japan (AFP) — Japanese automaker Nissan, rocked by the arrest of former chairman Carlos Ghosn, on Tuesday revised downward its full-year forecast as nine-month net profit dropped more than 45 percent. It was Nissan’s first earnings report since Ghosn was arrested on November 19 and then sacked as chairman. He is in detention facing charges of financial misconduct. The firm’s bottom-line profit fell 45.2 percent to 316.7 billion yen ($2.9 billion), said Nissan — […]
TOKYO, Japan (AFP) — Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a “plot and treason” at his former employer Nissan, he told the Nikkei newspaper Wednesday. The Japanese business daily quoted Ghosn as saying he had “no doubt” that the charges against him were motivated by Nissan executives opposed to greater integration of the firm with its French alliance partner Renault. It was the first […]
