Ghosn promises to ‘tell the truth’ at news conference as report says prosecutors readying new case

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Ghosn promises to ‘tell the truth’ at news conference as report says prosecutors readying new case GlobeBusiness

KAZUHIRO NOGI/AFP/Getty Images

Ghosn, widely lauded for rescuing Nissan Motor Co from the brink of bankruptcy two decades ago, has experienced a dramatic fall from grace that shook the global auto industry and raised questions about the future of Nissan’s alliance with France’s Renault SA. “I’m getting ready to tell the truth about what’s happening. Press conference on Thursday, April 11,” Ghosn tweeted from the @carlosghosn account on Twitter, which displayed the blue tick mark indicating it had been verified by the social media site.While Ghosn is under strict bail terms – including on internet usage – his lawyer, Junichiro Hironaka, told reporters the tweet did not violate those terms.

A spokesman for the Tokyo prosecutors office said he was not aware of any new investigation when contacted by Reuters.Ghosn’s spokesman has previously said payments of $32-million made over nine years were rewards for the Oman firm being a top Nissan dealer. Such dealer incentives were not directed by Ghosn and the funds were not used to pay any personal debt, the spokesman said.

Source: News Formal (newsformal.com)

 

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