In Japan, he is in prison. The public Prosecutor’s office accuses him of massive fraud. Nevertheless, the French car maker Ghosn is leaving his Post as Chairman of the Board. A man is put to him but to the side.
Still can hold on to Carlos Ghosn at his Post – the question is, for how long?
Deputy Director-General Thierry Bolloré – so far, according to Carlos Ghosn, the number two at Renault-group – should, provisionally, have the same powers as Ghosn. Because Ghosn is currently “prevented”, take Bolloré temporarily the operational business, announced the Board of Directors after a meeting.
The Brazilian-born Ghosn, who also has Lebanese and French citizenship, was arrested on Monday. The Renault allies car manufacturer Nissan puts the 64-Year-olds, the concealment of his income in Japan and the misappropriation of company funds.
The operational side of the business, Renault is now taking on Thierry Bolloré
Almost 40 million euros not declared, luxurious apartments…
The Prosecutor’s office in Tokyo, said that Ghosn had indicated to the tax authorities between June 2011 and June 2015, the remuneration in the amount of 4.9 billion Yen (currently around 37 million euros) – in fact, he had almost ten billion Yen to income. Japanese media reported, a Nissan subsidiary, bought for Ghosn luxury apartments in four countries, through which the Manager could have. According to the broadcaster NHK Ghosn, a stroke in addition, money that was paid to the names of the other Manager.
On Wednesday, the Japanese news Agency Kyodo reported that Ghosn will stay for ten days in detention. Also, Nissan’s Director Greg Kelly had this time to prison.
Ghosn is since 2005 the Chairman of the Board of Renault, at the same time, he is head of the Alliance between Renault and the two Japanese car manufacturers Nissan and Mitsubishi Motors. At Nissan of the Manager has long been regarded as a Savior. After the entry of Renault in the car maker in 1999, he made before the Bankruptcy of the group is profitable again. Only in April 2017, he gave the group’s leadership of Nissan, but remained Chairman of the Board of Directors. At Mitsubishi, he is also President of the Board of Directors. Both companies want to decide on Thursday about the dismissal of Ghosn.
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Carlos Ghosn scandal rocked the car world
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Carlos Ghosn scandal rocked the car world
France and Japan affirm Alliance
France’s economic and Finance Minister Bruno Le Maire called for rapid Action, because the current situation is the weakness of the global car Alliance. Paris does not run but the formal replacement of the top Manager, he assured. “We have no evidence. We are in a state of law.” If the allegations against Ghosn, however, was the “very significant,” said Le Maire. “Disguise, the Treasury cheat – this is all the more worse in a raised Position and with a very high salary.” The French state holds a 15 percent stake in Renault.
In a joint statement with the Japanese Minister for economy, trade and industry, Hiroshige Seko, Le Maire ostentatiously behind the French-Japanese Auto Alliance, which had to be preserved.
Ghosns contract with Renault was only the beginning of the year a further four years. The CEO had led the group out of the crisis and 2017, with a record profit of 5.2 billion euros, the best year the company achieved history.
se/nob (afp, dpa, rtr)