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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).



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:


 
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.


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.

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.



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.
 
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

Not that I feel any pity for those Nissan managers.
 
Not directly related to Mr Ghosn, but his "liberator", Michael Taylor, who shared his experiences about detention in Fuchu Prison.


A former U.S. Green Beret says that a recent report in The Japan Times about Fuchu Prison fails to convey the realities of life inside the facility fully. "You know, I think it's a major point that there's no heater. You get frostbite every day," said Michael Taylor, who spent more than a year at the prison in western Tokyo. "That wasn't covered in the article. They didn't tell you about that. During the summertime, you're sweating profusely. You're getting heatstroke because you can't get enough water. All you have is water and little tiny cups, or they give you a cup of tea a couple of times a day," he said in a video call with The Japan Times from his home in Massachusetts in the United States at the end of May.


 
I hope Ghosn renumerated him well for his misguided service to him.
 
I would think so. If you're doing something illegal the gains should be illegal too.

I wonder what legal scholars he's referring to. The same ones that counseled Trump with regards to the last election?

"It's just amazing that we get extradited for what legal scholars say is not a violation of law whatsoever," he said.
 
Two things can be true:

1. the Japanese legal system does have well-known, and well-publicized problems. I don't know too much about the penal system, but I have no reason to doubt this guy's stories.
2. This guy ran is a completely unsympathetic figure. His company specialized in high-risk extractions, and he knew he was breaking multiple laws in helping Ghosn escape. He also netted (apparently) $1.8 million dollars. Him crying about his unfair treatment while he was in jail for 12 months in Japan arouses very little sympathy in me. I'm no fan of torture-like conditions in prisons, but this guy going on TV whining about no heat in winter and no air-conditioning in summer, just makes me wish he'd have spent more time on the inside. His whole business was built on the back of him being a hardass, ex-special forces green beret, and now he's complaining that he didn't have "attorney client privileges" after pleading guilty, and no a/c. Holy smokes. You kind of wish a green beret wouldn't go on Arab TV complaining about human rights violations he suffered while committing crimes.
 
The Foreign Correspondents' Club of Japan again gave a stage to Michael Taylor, the former Green Beret who extracted Mr Ghosn in 2019 (time flies, doesn't it?). He told an online press conference on 23 December that Japan's penal system needed to be reformed to ensure more humane treatment of inmates.


Taylor insisted that he had no remorse for helping Ghosn escape, citing the former Nissan executive's claims that he had been tortured, kept in solitary confinement, and prohibited from speaking to his wife while under bail. When asked if he felt it was unfair that Ghosn was now free, Taylor bluntly stated that that was the entire point of the mission.

Taylor expressed surprise at the prospect of facing arrest in Japan, revealing that he had sought legal counsel beforehand and had been assured that bail jumping was not a criminal offence in the Japanese legal system. While Ghosn had contributed to his legal expenses, Taylor acknowledged that he was experiencing significant financial strain, with legal fees exceeding $500,000 in Japan.

 
It's been quiet around Mr Ghosn lately. Now he's back with this message:


Former Nissan Motor chairman Carlos Ghosn said the struggling carmaker was in a "state of emergency" and indicated he would be willing to return as chief executive, arguing that only someone with real decision-making authority in the top job could save the company. In an interview with Reuters, Ghosn said he could clearly sense the anger and frustration among some shareholders who had called for his return. He argued that Nissan's successive management teams since his removal in 2018 had steadily eroded the company's value and left it without a clear direction. According to Ghosn, Nissan had already gone through three chief executives, each of whom arrived with a turnaround plan. None, he said, had produced results that would satisfy shareholders or convince them the company was being managed effectively.

He added that it was only natural for some investors to ask why Nissan should not bring back the person who had previously led the company for 19 years and turned it around without any major setbacks. Ghosn argued that only a chief executive could rescue Nissan because the position carried the authority needed to make decisions. He said the company needed someone who was genuinely in charge, not a figurehead.



 
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