A Japanese court on Monday barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defence against charges of financial misconduct.
In later comments to reporters, Hironaka said Nissan had submitted a written opinion to prosecutors requesting Ghosn be prevented from attending the board meeting."We didn't expect would oppose it so strongly," Hironaka said.Under the terms of his release, he is forbidden from contacting people who could be involved in his case, including Nissan executives likely to attend board meetings, such as CEO Hiroto Saikawa.
At the height of his powers, Ghosn ran a three-way car alliance between Nissan, Renault and Mitsubishi Motors that outsold all rival groups. According to sources close to the Alliance, a new structure will be created to combine Renault, Nissan and Mitsubishi Motors. To general surprise, he was accorded bail last week ahead of his trial, which could take several months to organise given the complexity of the case and the need to translate documents.
Source: Law Daily Report (lawdailyreport.net)
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