According to a report by Asahi Shumbun, Carlos Ghosn could be arrested in Japan after the Nissan chairman was questioned over suspected under-reporting of his corporate salary by several hundreds of millions of yen.
The (suspected) crime is a violation of Japan’s Financial Instruments and Exchange Law, and the authorities have already begun searching the offices of Nissan’s headquarters and other locations.
Nissan has since issued a statement saying that it would promptly remove Ghosn from his positions as chairman and representative director at Nissan, with Nissan CEO Hiroto Saikawa set to propose the matter to Nissan’s board of directors.
Also on the chopping block is Nissan representative director Greg Kelly, who was discovered to be “deeply involved” in reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual amount.
The Japanese carmaker said it had been conducting an internal investigation over the past several months regarding misconduct involving Ghosn and Kelly, with information being supplied to the Japanese Public Prosecutors Office.
Ghosn, who relinquished his roles as Nissan president and CEO last year, is currently a chairman at the Japanese carmaker, as well as at Mitsubishi. He is also the chairman and CEO at Renault and the Renault-Nissan-Mitsubishi Alliance.
The French national was largely credited for the turnaround of Nissan from near bankruptcy and his radical restructuring of Renault between the late 90s and early 2000s.
Wow this is shocking news. Had the pleasure of a one-on-one interview with the man in my media days. He knew his stuff well and you cannot but credit the Nissan turnaround to him.
Japan Co. society not condone any misconduct. according to rule of law …
It’s all money matters, bitter hard truth.
Syukur Malaysia masih aman. Malaysia best country in the Asean ,
We must be thankful to Carlos. He actually saved Nissan from going bust
If like this, all the past CEOs of Proton also need to be arrested and charged.
It took Li Chunrong 6 months to identify that the kroni Proton vendors were overcharging Proton and giving Proton low quality parts.
This was the main and ony cause of PRoton’s downfall into banruptcy.
It is hightime we charge ex PRoton CEOs and Management also. Government has spent over RM20 billion to bail Proton out, all monoies belong to the rakyat
is a business practice, where a company obtains a contract from the system and subcontracts it to another co
Charge the ex chairman too who is the current PM, ada berani??
Dont compare Nissan and Proton. Nissan got no pemalas working in it.
So you cannot compare both car companies
Brani
Japanese in double jeopardy?
Killing it’s Nissan biggest investor?
Gonna file for bankruptcy soon…
Maybe Renault jv with PRC carmakers?
Remember the time PRoton CEO told press conference than Iriz sales are so good and they could not keep up to orders that is 9 months long?
Then few weeks later, Tun Mahathir come out later and say Iriz sales are so bad and the model is a flop.
This also misrepresentation. I hope the law will lock cheaters andpeople who mislead the public
Meanwhile jepunis overlord basher here and dupes busy condemning P1, now see who is worse. I loled at them
Yeah, this goes from John Minum Teh 8X, who go and condemn for every user comments that wrote about good comments in every Proton articles
Japan has high standards. We should emulate and follow their high standards
Proton always lie about their sales numbers. Aiseh
Yeah, there’s one previous P1 Boss who claimed the Waja was same level as BMW. He did the most damage which P1 have never recovered.
He did more damage to MY as well, and now he returns to do more damage.
The jepunis just want the control of their company back. Proton, please remember this lesson well…
Death and taxes is inescapable
Ini saya setujui.
luckily Nissan din buy Proton..
In Malaysia, many GLCs also got scandal and bailout. But got no prosecution.
If follow the law, I think all GLCs will masuk jail by now.
Somemore ours all multibillion ringgit bailouts.
This is about Ghosn, nothing to do with GLCs here. Stop changing the topic like your leaders do so very often when caught with their pants down.
Now what happen to those foreign CEOs that you were idolising?
Cash is still king inescapable.
Bro, John Minum Teh 8X is always talking rubbish every time in every article
Dishonesty and stealing need to stop. Japan is showing by example. Something Malaysia needs to learn about.
Carlos inefficiency and laziness is the same laziness and inefficiency as our GLC. So what is the difference?
Malu betul Proton and MAS needed a foreign CEO to bail out and pulih balik the companies
You must be a Frog Under the Coconut shell. Its common practice for many companies to have a foreign CEO to run their companies. Do read business news.
Let us not talk about GLC here. GLC is full of pemalas. Ghosn and team are all hardworking
What happen to Carlos Ghosen
Japan on same path to clean nation. Arrest clamp down corruption and financial breach ..
Meanwhile they got caught for outright lying & cheating on a much more serious scale with Takata. They aren’t so clean nor following the rules after all.
Li Chunrong found out Proton vendors and suppliers have been cheating Proton left right and centre.
It is time that Li Chunrong find new vendors and suplliers from China so that Proton can do well again
Any form of cheating and corruption need to be checked. Japan and Malaysia have close ties. So we too must follow Japan style.
Malaysia and Japan on the path to cleaning their corrupted. Good for Japan and Goof for Malaysia.
The filthy rich can become filthy greedy.Carlos..omg…eating sushi in Japanese jail? Unthinkable but happens,like our Birkin handbag specialist and rogue bandits.
ironic them all tax-free .Unthinkable .
Aik. Werent u praising him to hi heaven? What happen to ur foreign CEO? Looks like locals r better. Lolz!
P2 Aminar Rashid r better ek
There is nothing to be proud of for selling many unsafe cars to the masses. Instead he should be ashamed.
At least when DSZ went to Proton, he spearheaded the drive towards safer cars.
Yes indeed true. Abd Harith , Mahaleel and to a certain extent, Madani also,
Japanese will make sure justice is seen to be done as they have integrity, moral fortitude and all will be done swiftly and correctly.
What about justice for Mitsu after they got played out by their Nissan partner then Nissan buying them out for cheaps when their stocks tumble?
Yep. This wun happen in Honda
Habis la Nissan
Your user name is fake. Most probably your fake username obviously coming from original username known as John Minum Teh 8X
Didn’t know the Japanese work culture that they strike below the belt too..heeeyah!
Dec 7, 1941. Less we forget…
sad news….he turned around Nissan contributed greatly..
Walao! Jepunis shud have learned from foreign CEOs but instead they threaten to jail them, now wonder they r on a downward spiral while China is going up rapidly.
Betui brah. Jepunis shud have learned from MY GLC. Tutop2 , No Further Action loll
Tutup no problem. Better than going to jail. Lolz!
Confirm lepas ni tak boleh pandang ke jepun dah, lol
No worries Mr Ghosn. Geely is in need of high achieving pipu and companies. Let them Jepunis rot and decay, since they ditched u after being “save”.
Geely, Ghosn, P1, Mesidis, VolvoCar, VolvoTrucks, Lotus > all
Wrong lah. Your last statement should be “Geely, Nissan, P1, Medicis, VolvoCar, VolvoTrucks, Lotus > all. Then your statement is correct. Bro Ghosn is not even brand of car manufacturer
Ghosn & Nissan sudah divorce lor. Time for him to join the Empire.
Should get more China workers to come into Malaysia and run our GLCs. We can see much higher productivity then
Yes. Jepunis shud have taken ur advice but look what happen. Oh wai…
Some bashers praised this man before. Now pipu lol at him
Woww..so amazing Ghosn…as ceo and chairman in several company still not enough…
Been there. Sky’s the limit.
I think the financial law breach is just an excuse to cover the actual offence which is designing awful car like Nissan Almera.
LMFAO!!! good one!!!
omg.. this is super shocking! i admire him so much but this news comes as a big hit!
This is not the way to treat a foreigner who saved one of your iconic brand.
japan lobbyist jealous of foreigner
Foreigners earning salary in an ‘alien’ country.
Even Cristiano Ronaldo was hit by the same issue before.
Just think, does these super high ranking personnel do all the declaration process themselve?
No need to go that far… does a person from an establish local company do their income declaration themselves?
unless they earn tax free salary like Paul Stadlen ,
wow…april’s fool joke came early for him?
well, when they have so much money, they try to do other stuff to satisfy their needs, money no longer motivates them…Maslow’s hierarchy of needs ^^
cialat. Next gen GTR isnin jeopardy
Next gen GTR will be a sport hybrid car similar to honda cr-z, no more supercar performance.
LOL
You dun know Tesla cars are supercar level?
I believe this is the beginning signs of a break up in the Renault-Nissan-Mitsubishi alliance. Looks like Nissan will detach itself from the alliance and maybe take Mitsubishi with them.
if Nissan got kicked out from alliance, most probably will follow Isuzu path making only commercial vehicles…
….Like to compare this to a political party President.
Gaijin will always be gaijin
yes!! no more Almera’s shitty design after this
Like the saying goes ” Habis madu , sepah dibuang”. He saved Nissan from bankrupcy. Now Nissan is doing better than Renault , so the Japanese wanna take back the company and yank the gaijin out for good. Nice move there Nissan.
both companies are on the brink of bankruptcies before being saved by Carlos Ghosn. With Nissan being the bigger companies than Renault, yet Renault have controlling stakes in Nissan, in turn Nissan have non controlling share in Renault. If we observe on the model offering and tech, Renault have the upper hand while on the sales side, it was Nissan that have bigger market share than Renault.
Never liked Nissan because of their philosophy of making cars, i.e. profit over customer’s safety. Just look at their Almera – plain ugly and seriously lack of modern safety features. Even the current generation of Peroduas and Protons fared did better.