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News The Carlos Ghosn saga

Today, Michael and Peter Taylor, the American father and son accused of helping Nissan's former chairman, Carlos Ghosn, were both sentenced to prison (two years and one year and 8 months).

In handing down the sentencing, Chief Judge Hideo Nirei said they had committed a serious violation of the law, as now there is next to no chance of putting Ghosn on trial. "This case enabled Ghosn, a defendant of a serious crime, to escape overseas," he said. Although the defense argued the two had been merely used by Ghosn, they clearly were involved, regardless of who was making the decisions, he said. [...] But Nirei, the judge, said the court found that the motive was money. The Taylors can appeal within two weeks, he said. [...] But Nirei said the time they were held before and during trial would not count as time served, saying they were not directly related and should be treated differently. "There is a limit to how much we can consider," he said.


The next one in line will be Greg Kelly, a former top Nissan executive, who is on trial on charges of falsifying securities reports on Ghosn's compensation. A verdict in Kelly's trial is not expected until next year. If convicted, the charges Kelly faces carry the maximum penalty of up to 15 years in prison.
 
Three years after his arrest, Greg Kelly still wonders why the Ghosn issue wasn't addressed in Nissan's boardroom. Last Wednesday, he talked to AP:

Nearly three years later, former Nissan executive Greg Kelly is still wondering why the questions that led to his arrest and trial in Japan weren't simply taken up in the automaker's corporate boardroom. Kelly, an American lawyer who worked for three decades for Nissan Motor Co., is awaiting a verdict in his trial on charges of financial misconduct in the case of Carlos Ghosn. The embattled former chairman of the Renault-Nissan-Mitsubishi alliance jumped bail and fled to Lebanon in late 2019, leaving Kelly in Japan alone to face charges of Ghosn's under-reported Nissan compensation. Kelly has denied the allegations. "I don't think any of us were involved in a crime, or a criminal activity," Kelly told The Associated Press in an interview Wednesday in his Tokyo apartment, where he is out on bail.

 
Three years after his arrest, Greg Kelly still wonders why the Ghosn issue wasn't addressed in Nissan's boardroom. Last Wednesday, he talked to AP:



It does seem like a rather sordid story with the gaijin as the fall guy. The Japanese that got immunity are just as culpable.
 
Today, Mr Kelly received a 6-month sentence suspended for three years. The court found him guilty of charges for one year only, the 2017 fiscal year, while he was not found guilty for the years from 2010 to 2016.

The judge said Ghosn received both paid and unpaid compensation, and the grand total should have been reported. Kelly was acquitted of charges relating to Ghosn's pay between fiscal 2010 and 2016, with Shimotsu saying he wasn't aware of the unreported remuneration. However, the court found that in fiscal 2017 Kelly was aware that Ghosn's total pay wasn't reported. Ghosn that year received discounted stock options that created a difference in reported compensation of about ¥750 million. The failure to report Ghosn's total pay amounted to "false" reporting in Nissan's financial statements, the judge said. The court also found that Ghosn and Toshiaki Onuma, who ran the secretarial office for Nissan's executives and testified for the prosecution in return for immunity, were aware their actions amounted to false reporting and they conspired together to carry out their actions. After the hearing, Kelly said he was "extremely surprised and shocked" by the verdict, which his lawyers said they would appeal. "I have consistently acted by prioritizing the best interests of Nissan, and I absolutely did not take part in illegal activities," Kelly said in a Japanese-language written statement.

Looks like the prosecution owes the judge.

"While the court gave a not-guilty verdict on the greater part of the allegations, I do not understand why it found me guilty for that one year," he said. "I am innocent of all charges."

Mr Kelly will now be able to return home.


 
It's been four years since Ghosn's arrest. :oops:

Yesterday, Bloomberg reported that Michael and Peter Taylor, the father-son duo hired to assist in Ghosn's escape and extradited to Japan, were sent back to the US to let them serve the remainder of their sentences in the US.

 
It's been four years since Ghosn's arrest. :oops:

Yesterday, Bloomberg reported that Michael and Peter Taylor, the father-son duo hired to assist in Ghosn's escape and extradited to Japan, were sent back to the US to let them serve the remainder of their sentences in the US.

I hope for their sake they got remunerated well.
 
Just in: Carlos Ghosn has filed a $1 billion lawsuit against Nissan, and about a dozen individuals in Beirut over his imprisonment in Japan and what he says is misinformation spread against him. :oops:


According to the officials, Ghosn's lawsuit accuses Nissan and the individuals of defamation and of "fabricating charges" against him, which eventually put him behind bars in Japan. The lawsuit was filed last month, the judicial officials said, speaking on condition of anonymity to discuss the case. The officials did not identify the individuals that Ghosn is accusing.

Auto tycoon Ghosn files $1 billion lawsuit in Lebanon against Nissan over his imprisonment in Japan
 
When I read it, I thought it was an attempt by him to put some pressure on the Nissan execs who turned on him. And in my more paranoid moments I imagine that Ghosn has enough money to bribe the Lebanese justice system so that it can make life really inconvenient for some Nissan execs. The Nissan execs do not want to travel to Lebanon to give depositions in a Lebanese court. Maybe Ghosn is hoping he can exert enough pressure on them from his safe haven in Lebanon, so that the Nissan execs will ease up on some of these charges.
 
When I read it, I thought it was an attempt by him to put some pressure on the Nissan execs who turned on him. And in my more paranoid moments I imagine that Ghosn has enough money to bribe the Lebanese justice system so that it can make life really inconvenient for some Nissan execs. The Nissan execs do not want to travel to Lebanon to give depositions in a Lebanese court. Maybe Ghosn is hoping he can exert enough pressure on them from his safe haven in Lebanon, so that the Nissan execs will ease up on some of these charges.
Why would they even be compelled to respond?
 
Why would they even be compelled to respond?

The only answer I have is stupidity. And I do seriously hope some of them are that stupid. What they did to Ghosn and especially Kelly annoys me greatly because I am sure they all did worse than both of them, yet they skated. The whole "stick it to the foreigner" thing is just a level of bigotry I cannot tolerate, especially since it seems those guys saved the asses of everyone at Nissan, the ungrateful, backstabbing knobs.
 
Because if they don't respond, Ghosn wins by default and Nissan's assets in Lebanon may be seized?
 
Because if they don't respond, Ghosn wins by default and Nissan's assets in Lebanon may be seized?

They would have to be to get anywhere near paying a 1 billion USD settlement!

I have to admit, I don't have a single clue though what Nissan would have in Lebanon they would not be willing to leave behind in exchange for all this "disappearing" from the mind of consumers.
 
Carlos Ghosn says he filed a $1bn lawsuit so Nissan managers cannot 'sleep quietly'.

Former Nissan chair says he is not seeking revenge but wants 'small compensation for the damage' since 2018 arrest.

Source

:LOL: Not that I feel any pity for those Nissan managers.
 
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