April 19, 2019

In Video, Carlos Ghosn Accuses Nissan Executives Of "Backstabbing" Plot

11 April 2019, 03:43 | Joann Bryant

Nissan's former chair Ghosn says he was victim of 'backstabbing' in video address

Ex-Nissan boss Ghosn alleges conspiracy

Ghosn did not name specific individuals at Nissan, with his lawyer saying that the defence team had opted to cut parts of the recording that pointed the finger at particular figures.

"I believe that if we want Carlos Ghosn to benefit from a trial carried out in respectable conditions, in line with our values, it would only be possible in France", he added.

As the days turned to weeks and Ghosn - whose bumper pay packages had always been a bone of contention in France - remained behind bars, the government's main concern seemed to be safeguarding the Renault-Nissan alliance.

Prior to his re-arrest, a judge denied Ghosn's request to attend the extraordinary general meeting.

After his November arrest, he spent 108 days in a detention centre in Tokyo before being released on bail of around $9m on March 6, emerging from incarceration dressed in a workman's uniform and face mask in an apparent bid to avoid the media.

"This is a conspiracy. this is not about greed or dictatorship, this is about a plot, this about a conspiracy, this is about a backstabbing", said Ghosn, wearing a dark jacket and a white shirt.

The man responsible for the alliance between Nissan and Renault, as well as Mitsubishi, said his love for Nissan and for Japan are undiminished by his current circumstances. I've been the fiercest defender of the autonomy of Nissan and I have made it clear that no matter what are the steps in the future, this would continue.

The Tokyo District Court decided on Friday to allow prosecutors to detain Ghosn until April 14.

They suspect around $5m of these funds were syphoned off for Ghosn's use, including for the purchase of a luxury yacht and financing personal investments.

Ghosn's video begins with the suggestion that the clip was filmed in preparation for him being arrested: "If you are listening to me through this video today, it means that I was not able to make the press conference that I planned for April 11".

His rearrest came just days after news that Renault, which Ghosn also once headed, had handed French prosecutors documents showing suspicious transfers worth million of euros authorised by the auto tycoon.

Despite her Lebanese passport being confiscated by Japanese authorities, Carole said she was able to use her USA passport to board a flight and was accompanied by the ambassador to the airport.

Asked if she would submit to questioning by Japanese prosecutors, Mrs Ghosn told RTL radio, "Of course I'll go".

On Monday, Nissan Motor Co. shareholders removed Ghosn from its board severing a almost two-decade relationship.

Renault Chairman Jean-Dominique Senard was appointed as Director in Ghosn's place.

Speaking during the meeting, Nissan chief executive Hiroto Saikawa apologized for the organization's issues and lay the blame directly at Ghosn.

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