Nissan ex-chair Ghosn set on restoring reputation

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Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn't about to settle into quiet retirement.

TOKYO — Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn't about to settle into quiet retirement.

Ghosn fled from Japan while hiding in a big cargo box on a private jet. The French, Brazilian-born Ghosn took refuge in Lebanon, his ancestral homeland, which has no extradition treaty with Japan. Japan has extradition treaties with the U.S. and South Korea and prosecutors said they would seek help from other countries, including Brazil and France, if Ghosn travels there.and is being sued by Nissan Motor Co. in Japan for alleged financial damages. Tokyo prosecutors have refused to send his files to Lebanon for the criminal case to be tried there.

“Before Nissan resolves its internal issues over corporate power and puts its resources back into making tangible progress — which takes a lot of time, and a lot of time has been wasted — to create values for its end demand, we are not optimistic,” he said. The case against Ghosn and Kelly centers on elaborate calculations to compensate Ghosn after retirement for a pay cut he took beginning in 2009, when disclosure of big executive pay became a legal requirement in Japan.

Ghosn looks anything but retired. He’s working on movies, teaching classes on management, consulting for businesses and helping out with university research on “character assassination.”“Broken Alliances," an English version of the 2020 French book “Le temps de la verite,” was released in September. He is writing a book with his wife Carole, who also is wanted in Japan, about their ordeal.

 

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He's walking around like it's nothing and the two guys who helped him escape are in prison. carlosghosn

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