Ghosn defends himself in video

Andrew Cummings
April 11, 2019

Ghosn's lawyers say, with his consent, they edited out his mention of specific names.

Mr. Hironaka has previously criticized the move by prosecutors to confiscate Mr. Ghosn's belongings, including his mobile phone and trial documents, along with the mobile phones and Lebanese passport of his wife, who was present when prosecutors entered their home early in the morning last Thursday.

Tokyo prosecutors served a fourth arrest warrant against the 65-year-old last week for alleged misuse of the carmaker's funds.

After his November arrest, he spent 108 days in a detention centre in Tokyo before being released on bail of around $9m on March 6, emerging from incarceration dressed in a workman's uniform and face mask in an apparent bid to avoid the media.

Ghosn said the conspiracy was borne out of fear that he would bring Nissan closer to its alliance partner, top shareholder Renault SA. I've been the fiercest defender of the autonomy of Nissan and I have made it clear that no matter what are the steps in the future, this would continue.

The video-together with Hironaka's comments alleging harsh treatment by Tokyo prosecutors against Ghosn and his wife, Carole-cast Ghosn as the victim of both internal rivals and the Japanese judicial system.

They suspect around $5m of these funds were syphoned off for Ghosn's use, including for the purchase of a luxury yacht and financing personal investments.

Prosecutors accuse Mr Ghosn of having "betrayed" his duty "in order to benefit himself".

Last week, Carlos Ghosn announced a press conference on 11 April to share his side of the story.

Ghosn's detention following his latest arrest could be extended beyond Sunday.

His rearrest came just days after news that Renault, which Ghosn also once headed, had handed French prosecutors documents showing suspicious transfers worth million of euros authorised by the auto tycoon.

On Monday, Mrs Ghosn said she planned to return to Japan soon.

"The third point I want to tell you is that this is a conspiracy".

She told a French newspaper she had been forced to flee Tokyo with support from the French ambassador and was able to use her U.S. passport after having to surrender her Lebanese one to prosecutors.

"The idea of his being all alone is really hard to accept", she said.

The video comes a day after Nissan Motor Co. shareholders on Monday approved Ghosn's removal from its board, ending his almost two decades stint with the Japanese carmaker.

This resulted in a unanimous board vote to discharge Ghosn and Kelly as chairman and representative director, followed by a shareholder vote to discharge them from the board.

Speaking during the meeting, Nissan chief executive Hiroto Saikawa apologized for the organization's issues and lay the blame directly at Ghosn.

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