Ghosn Lawyers Rebut New Nissan Claims against Fugitive Exec

  • 1/17/2020
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The legal team of Nissans former chairman Carlos Ghosn issued a statement Friday refuting the latest allegations by the Japanese automaker against the fugitive businessman. Nissan Motor Co. on Thursday filed a new set of allegations to the Tokyo Stock Exchange against Ghosn, who skipped bail and fled to Lebanon earlier this month, saying he could not get a fair trial in Japan. The lawyers said that Nissans complaints were biased and that it never questioned Ghosn about them. They also said Nissan never tried to interview Ghosn or Greg Kelly, another former executive facing charges of financial misconduct, or “bothered to solicit their knowledge of the facts." His lawyers also complained that Latham & Watkins, which conducted the investigation, had long been Nissans outside counsel. Nissan confirmed both were true, but denied there was any conflict of interest. Ghosns legal team also complained that Nissan waited for months to investigate Ghosns successor, former Nissan Chief Executive Hiroto Saikawa, and only after Kelly publicly raised concerns. Saikawa resigned last year over allegations about dubious income. He has not been charged. “This report confirms that Nissans investigation was biased, lacked integrity and independence, and was designed and executed for the predetermined purpose of taking out Carlos Ghosn,” Frank Pasquier and the other lawyers said in a statement, according to The Associated Press. Both Ghosn and Kelly say they are innocent. Ghosn was charged with under-reporting his future compensation and breach of trust in diverting Nissan money for personal gain. He says the compensation was never decided on or paid, and the payments were for legitimate business. Kelly is accused of helping Ghosn underreport his income. Yokohama-based Nissan says Ghosn “single-handedly" decided on his compensation. It has promised to beef up corporate governance since the arrest of Ghosn in November 2018. Japan and Lebanon do not have an extradition treaty. Experts say it is virtually impossible to continue Ghosns trial in Japan. Kelly and Nissan as a company are still expected to stand trial.

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