Carlos Ghosn Looks to be in Trouble

[WookieOnRitalin]

If this has been posted elsewhere, I apologize. I searched and did not find it.

I was looking up some old Nissan history when then I went to the Nissan page and did not find Ghosn listed. Then wondered, what happened to him only to find out that the man is in jail. Right now, it is not looking good for the former Chairman of one of the biggest auto alliances. Prosecutors may  go to trial. Of the 7.8% of cases that go to trial in Japan, a whopping 99% of them end in conviction.

Read on: https://www.bloomberg.com/news/articles/2019-01-18/why-ghosn-s-still-jailed-and-what-it-says-about-japan-quicktake

[Soup DeVille]

Yeah, he tried playing what looks to be very normal sort of tax games with his pay. Quite likely he either got bad advice, or he just didn't grease the right palms and is now subject to a less than modern justice system.

[MX793]

Been all over the automotive and business press for months.  Maybe just because Google recognizes my interest in cars, but articles on the topic from both the major news outlets (Fox, CNN, CNBC, MSNBC, BBC, etc) and auto blogs like Jalopnik have been in my headline feeds pretty much every day since his arrest.

[BimmerM3]

Been all over the automotive and business press for months.  Maybe just because Google recognizes my interest in cars, but articles on the topic from both the major news outlets (Fox, CNN, CNBC, MSNBC, BBC, etc) and auto blogs like Jalopnik have been in my headline feeds pretty much every day since his arrest.

Definitely because Google recognizes interest in cars.

I stopped using the Google feed because it couldn't figure out the difference between "I want to see major headlines regarding this topic" (what I wanted) and "I want to be informed about every possible minor story, even if it's just 10 different interpretations of the same original article" (what I got).

[12,000 RPM]

Whole thing feels like a hit

Renault was supposedly pushing for a merger

[MX793]

Whole thing feels like a hit

Renault was supposedly pushing for a merger

They were also apparently in the works of replacing one of the higher-ups (CEO?) in Japan with someone else just before all this went down.  Certainly some interesting conspiracy theories out there.  That said, unless somebody fabricated the financial documents, it does seem that Ghosn was breaking the law.  If there's a conspiracy, it's that a contingent in Nissan was willing to look the other way until it became evident that Ghosn might not be acting in their best interest, so they blew the whistle on him.