Renault-Nissan’s ex-boss wanted by Interpol

This appeared in The Millennial Source

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Former Nissan boss Carlos Ghosn is now under the International Criminal Police Organization’s (Interpol) ‘red notice’ list which has been issued for his arrest. Red notices are issued for fugitives wanted either for prosecution or serving a sentence.

Ghosn reportedly fled Japan amid legal troubles due to alleged financial misconduct during his tenure as Japanese carmaker Nissan’s chief executive officer. He had posted $8.9 million bail in April, was then placed under 24-hour surveillance and was forbidden to travel abroad, as part of the bail conditions.

Japan’s justice system

Ghosn, who was also the boss of French car manufacturer Renault, has denied all wrongdoing. He blames what has been described as Japan’s “ hostage justice” system as the reason for his desperate departure. “The Japanese criminal justice system is focused on interrogation. The aim is getting a confession,” says a Japanese prominent lawyer, Nobuo Gohara in reaction to Ghosn’s statement.

It has been reported that 89% of criminal convictions in Japan are based partly or wholly on confessions alone.

Ghosn’s escape route

With the help of Lebanese state officials, Ghosn snuck onto a private jet on December 29 which transited in Istanbul, Turkey before finally landing in Lebanon’s capital Beirut in the early hours of December 31. Turkish police have made seven arrests in connection with the case, including four pilots, a cargo company manager and two airport workers.

Alleged financial misconduct

Further investigations by Nissan found that Ghosn had accumulated about $82 million over nine years in the form of I owe yous (IOUs).

Originally published at on January 3, 2020.

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