Search
 
News

How Ghosn Got out of Japan

The path that turned Nissan's former chairman and CEO into the world's most famous fugitive.

By Matthew Campbell, Brian Bremner, Kae Inoue & Ania Nussbaum | January 07, 2020 at 05:27 PM
Carlos Ghosn, former chairman of Nissan Motor Co., leaves the office of his lawyer Junichiro Hironaka in Tokyo, Japan, on Tuesday, March 12, 2019.  Photographer: Keith Bedford/Bloomberg

On Christmas Eve, Carlos Ghosn walked into his lawyers’ modest office in central Tokyo to speak to his wife, Carole, for only the second time since April. During his long odyssey through the Japanese legal system—several arrests; more than 100 days in solitary confinement; seemingly endless interrogations; and, after his release on bail, intrusive 24-hour surveillance—Ghosn had been forced to accept many humiliations. But few demoralized the ousted leader of Nissan Motor Co. and Renault SA as much as having to seek court permission even to call his spouse, who prosecutors viewed as a potential co-conspirator in some of the wide range of financial crimes with which he’s been charged.

Carole, who’d departed Japan in a hurry after her husband was taken into custody on a fourth charge in early April, has spent much of the last year lobbying tirelessly on his behalf—a campaign that was taking an obvious toll.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Recommended Stories

Tenacious Inflation Proves Hard to Tame

Tenacious Inflation Proves Hard to Tame

Reade Pickert, Vince Golle & Augusta Saraiva |

In February, housing costs helped deliver a larger-than-forecast 0.5% gain in so-called core inflation, which excludes food and energy

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.