2 Men Arrested In Nissan Ex-boss Carlos Ghosn's Escape From Japan

2 men arrested in Nissan ex-boss Carlos Ghosn's escape from Japan

Authorities say this Dec. 30, 2019, image from security camera video shows Michael Taylor, center, and George-Antoine Zayek at passport control at Istanbul Airport in Turkey. Taylor, a former Green Beret and his son, Peter Taylor, 27, were arrested Wednesday in Massachusetts on charges they smuggled Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box in December 2019, while he awaited trial there on financial misconduct charges. / Getty Images


Prosecutors Search Office Of Ghosn's Ex-lawyer

Prosecutors search office of Ghosn's ex-lawyer

Japanese prosecutors have begun searching the office of a lawyer who served for former Nissan Motor chairman Carlos Ghosn. Ghosn, who has been indicted in Japan over financial misconduct, escaped to Lebanon last month, skipping bail.

The prosecutors are investigating Ghosn's flight as suspected violation of the immigration control law. They say those who helped him flee could be charged on suspicion of aiding a criminal in avoiding capture.

Ghosn's Lawyers Resign

Ghosn's lawyers resign

A number of Japanese lawyers for former Nissan Motor chairman Carlos Ghosn have resigned, following his escape to Lebanon.

Lawyer Junichiro Hironaka told reporters that he resigned as of Thursday.

Lawyers In Ghosn's Defense Team Resign

Lawyers in Ghosn's defense team resign

At least two lawyers have resigned from the defense team of former Nissan Motor chairman Carlos Ghosn.

One of the lawyers, Junichiro Hironaka, told reporters that he had resigned on Thursday.

Carlos Ghosn's Lawyers In Japan Quit After Client's Flight To Lebanon

Carlos Ghosn's lawyers in Japan quit after client's flight to Lebanon

TOKYO — Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges. Hironaka had been representing Ghosn in his defense against financial misconduct charges. His move, announced Thursday, was widely expected after Ghosn escaped to Lebanon late last month. A second lawyer in Ghosn's three-person legal team, Takashi Takano, also quit on Thursday, according to an official at his office. A person who answered the telephone at the office of the third lawyer, Hiroshi Kawatsu, said she did not know if he still represented the former automotive executive. Hironaka said in a statement that the entire team working on the case at his office will quit but did not outline reasons. He has said before he felt some empathy for Ghosn's reasons for escape, while stressing he had hoped to win vindication in court. Hironaka is respected for winning high-profile cases in this nation where the conviction rate is higher than 99%. Among the cases he has handled is that of Atsuko Muraki, a Welfare Ministry official accused of falsely approving a group to qualify for mail discounts. She was acquitted in 2010. Also Thursday, Nissan released steps it was taking to prevent a recurrence of Ghosn's scandal, and reiterated its denouncement of Ghosn. The automaker said in a report submitted to the Tokyo Stock Exchange that Ghosn had the authority to "single-handedly" determine directors' compensation and such information was not shared with other departments at the company. The underreporting of his future compensation is among the allegations Ghosn faced in Tokyo. In a news conference last week in Beirut, Ghosn insisted again that he was innocent of the charges, which also included breach of trust in diverting Nissan money for his personal gain. He said he fled because he felt he could not expect a fair trial in Japan. Ghosn's flight while he was out on bail awaiting trial means his case will not go on in Japan. Interpol has issued a wanted notice but his extradition from Lebanon is unlikely. Ghosn has accused Nissan and Japanese officials of conspiring to bring him down to block a fuller integration of Nissan with its French alliance partner Renault SA of France. Ghosn, who has signed on an international team of lawyers, has expressed willingness to stand trial in Lebanon. Nissan also said that Ghosn obtained compensation from a venture company in the Netherlands set up Mitsubishi, a smaller Japanese automaker with which Nissan set up an alliance under Ghosn. Ghosn has denied wrongdoing about the spending at the venture. Nissan said independent outside directors had been added to its board. It denied recent reports about troubles in the Renault alliance, and has stressed the alliance remains strong. Japanese prosecutors have said repeatedly they are confident they have a case, and Ghosn's flight underlines how he sought to skirt the law. Ghosn led Nissan, based in Yokohama, southwest of Tokyo, for two decades, rescuing it from near-bankruptcy. Reuters contributed to this report.

Tokyo District Court Revokes Ghosn's Bail

Tokyo District Court revokes Ghosn's bail

Sources say the Tokyo District Court has decided to revoke the bail of former Nissan Motor chairman Carlos Ghosn.

Tokyo prosecutors had requested the revocation after Ghosn released a statement saying he is now in Lebanon.

Tokyo Prosecutors Demand Ghosn's Bail Be Revoked

Tokyo prosecutors demand Ghosn's bail be revoked

Sources say Tokyo prosecutors have requested the Tokyo District Court revoke the bail of former Nissan Motor chairman Carlos Ghosn.

The request followed a statement released by Ghosn saying he was now in Lebanon after leaving Japan.

Lawyer 'surprised' By Ghosn's Departure From Japan

Lawyer 'surprised' by Ghosn's departure from Japan

The head of former Nissan Motor chairman Carlos Ghosn's defense team says the news of his client's arrival in Lebanon came out of the blue and he is very surprised. Ghosn had been out on bail in Japan, facing charges of financial wrongdoing.

Junichiro Hironaka spoke to reporters in Tokyo on Tuesday after multiple Western media outlets reported that Ghosn arrived in Lebanon's capital Beirut on Monday.

Court-imposed Conditions For Ghosn's Release

Court-imposed conditions for Ghosn's release

Conditions that a Japanese court imposed in exchange for the release of former Nissan Motor chairman Carlos Ghosn include a ban on overseas travel.

Under the conditions, Ghosn's residence is restricted to a house in central Tokyo. He is required to have his lawyers keep his passport.

Tax Agency Fines Nissan On Ghosn's Misuse Of Funds

Tax agency fines Nissan on Ghosn's misuse of funds

Japan's tax authorities have notified Nissan Motor that it misreported income of about 1.4 million dollars, after the tax office determined former Nissan Chairman Carlos Ghosn had used corporate money for private uses.

The Tokyo Regional Taxation Bureau conducted tax inspections on the automaker for three years through March 2014.

Ghosn's Lawyer Rejects Nissan Claim

Ghosn's lawyer rejects Nissan claim

A lawyer for former Nissan Chairman Carlos Ghosn has rejected the automaker's claim that misconduct by Ghosn and others resulted in massive financial damage to the company.

Nissan released last month a summary of its internal probe. It said the company lost over 35 billion yen, or about 330 million dollars. The automaker said it will take the necessary steps to launch a lawsuit.

Nissan May Be Fined $37 Million In Japan Over Ghosn's Pay

Nissan may be fined $37 million in Japan over Ghosn's pay

TOKYO — Japan's markets watchdog will likely recommend that the financial regulator fine Nissan up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn's compensation, a source said. The Securities and Exchange Surveillance Commission (SESC) will likely recommend the fine on the basis that Ghosn's alleged underreported salary had a "significant" impact on investor decisions regarding the company, the source said, declining to be identified. A spokesman for the SESC declined to comment on specific cases, while Nissan was not immediately available for comment. The SESC is expected to formally start its investigation before the end of the month, when it examines Nissan's latest annual filings, the source said. If Nissan files documentation to the SESC before the formal investigation begins and recognizes that previous reporting was incorrect, it may receive a reduced fine of around 2.4 billion yen, the source said. Ghosn was arrested in Tokyo in November over allegations of financial misconduct, including understating his salary by around 9.1 billion yen ($84.71 million) over a period of nearly a decade and temporarily transferring personal financial losses to the books of Nissan, Japan's No. 2 automaker. Since then, he has also been accused of enriching himself by around $5 million at Nissan's expense. Ghosn, who has been released from detention pending his trail, denies all of the charges. The fine, which was earlier reported by domestic media, would cover a four-year period through March 2018, the source said. Due to the statute of limitations, Nissan is not liable for any underreporting before that period.