{"id":126574,"date":"2021-05-28T00:46:30","date_gmt":"2021-05-28T00:46:30","guid":{"rendered":"https:\/\/precoinnews.com\/?p=126574"},"modified":"2021-05-28T00:46:30","modified_gmt":"2021-05-28T00:46:30","slug":"carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus\/","title":{"rendered":"Carlos Ghosn: Ousted car boss says his downfall was like being ‘hit by a bus’"},"content":{"rendered":"

Ousted car boss Carlos Ghosn has likened his downfall to being “hit by a bus” as he prepares to face questioning from French investigators over allegations of financial misconduct.<\/p>\n

Mr Ghosn, once the powerful leader of an alliance of Renault, Nissan and Mitsubishi, fell from power after being arrested in Japan in 2018<\/strong> – before skipping bail and fleeing to Lebanon a year later.<\/p>\n

He blamed the “people who organised the plot” to bring him down for the resultant “collateral damage” – with several associates facing jail or trial in Japan and Turkey.<\/p>\n

<\/p>\n

Mr Ghosn now faces legal challenges in France after the Japanese accusations triggered scrutiny of his activity there and the seizure of millions of euros of his assets.<\/p>\n

The businessman has denied accusations relating to the alleged underreporting of his pay and misuse of corporate funds, claiming that he was the victim of a corporate coup.<\/p>\n

Reflecting on his downfall, in an interview with the Associated Press news agency, Mr Ghosn said: “It’s like you have… a heart attack somewhere, or you’ve been hit by a bus. You change your life.<\/p>\n

“All of a sudden, you are in a completely different reality and you have to adapt to this reality.”<\/p>\n

Mr Ghosn said he had voluntarily agreed to days of questioning in Beirut by magistrates investigating claims of financial misconduct in France.<\/p>\n

They are looking into the financing of lavish parties the businessman threw at Versailles, as well as €11m in spending on private planes and events arranged by a Dutch holding company and subsidies for a car dealership in Oman.<\/p>\n

He denies any wrongdoing.<\/p>\n

<\/p>\n

While initially held in Japan, Mr Ghosn had been held in solitary confinement for months and not allowed to speak with his wife Carole.<\/p>\n

He has said that he fled the country after it became clear he had “zero” chance of receiving a fair trial.<\/p>\n

Mr Ghosn told the Associated Press: “In Japan, you had a Japanese person interrogating me, writing in Japanese and wanting me to sign things in Japanese that I don’t understand.<\/p>\n

“Now I will be speaking in French, and I’ll have my lawyers present. Of course, I have much more confidence in the French legal system than in the Japanese system.”<\/p>\n

Mr Ghosn added that he was “shocked” at a court ruling<\/strong> in the Netherlands last week throwing out his wrongful dismissal claim against a Dutch-based alliance between Nissan and Mitsubishi, and instead ordering him to repay €5m in pay.<\/p>\n

The businessman said in his interview that he now spends his time preparing his legal defence, teaching, helping start-ups and working on books and documentaries.<\/p>\n

He added that he had spent six months repairing his home after it was damaged in the massive explosion at a Beirut port last summer.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ousted car boss Carlos Ghosn has likened<\/p>\n","protected":false},"author":3,"featured_media":126573,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"\nCarlos Ghosn: Ousted car boss says his downfall was like being 'hit by a bus' - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carlos Ghosn: Ousted car boss says his downfall was like being 'hit by a bus' - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ousted car boss Carlos Ghosn has likened\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/business\/carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T00:46:30+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/05\/Carlos-Ghosn-Ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/business\/carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus\/\",\"url\":\"https:\/\/precoinnews.com\/business\/carlos-ghosn-ousted-car-boss-says-his-downfall-was-like-being-hit-by-a-bus\/\",\"name\":\"Carlos Ghosn: Ousted car boss says his downfall was like being 'hit by a bus' - 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