Tag Archives: Nissan

Reuters reports: U.S. authorities on Wednesday arrested a former Special Forces soldier and another man wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn out of the country. Federal prosecutors in Massachusetts said that former U.S. Green Beret Michael Taylor, 59, and his son, Peter Taylor, 27, helped Ghosn last year …

CNBC reports: Lebanon received an Interpol arrest warrant on Thursday for ousted Nissan boss Carlos Ghosn, a Lebanese judicial source told Reuters. The request, an Interpol red notice that calls on authorities to arrest a wanted person, was received by Lebanon’s internal security forces and has yet to be referred to the judiciary, the source said. Ghosn fled to Beirut …

The Associated Press reports: Nissan’s former Chairman Carlos Ghosn said Tuesday from Lebanon that he was not fleeing justice but instead left Japan to avoid “injustice and political persecution” over financial misconduct allegations during his tenure leading the automaker. “I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system where guilt is …

CNBC reports: Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who was awaiting trial in Japan, flew into Lebanon on Monday evening, France’s Les Echos newspaper reported. It was unclear how Ghosn, who holds both French and Lebanese citizenship, would have been able to leave Japan, where he has been under strict court-imposed restrictions on his movements. Reuters …

USA Today reports: Japanese automaker Nissan Motor Co.’s influential chairman Carlos Ghosn was fired and arrested Monday after an internal probe found he underreported his salary and for other financial violations, including the personal use of company assets, the firm and Japanese state media said. Nissan said in a statement that Ghosn would be dismissed after an internal probe based …

Reuters reports: A federal appeals court on Monday upheld Volkswagen’s $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016. The three-judge panel of the U.S. 9th Circuit Court of Appeals said, in dismissing a number of objections to the settlement, that it “delivered tangible, substantial benefits to class members, seemingly the equivalent of — …