New Lawyer Declares Ghosn's Woes an “Internal” Matter
Carlos Ghosn’s new lead lawyer blasts Nissan Motor Co., prosecutors and Japan’s courts for their handling of the ex-chairman’s financial woes.
#legal
Carlos Ghosn’s new lead lawyer blasts Nissan Motor Co., prosecutors and Japan’s courts for their handling of the ex-chairman’s financial woes.
In his first media briefing, Hironaka declared Japan’s court system out of step with international norms, Reuters reports. The court handling Ghosn’s case has refused to release him from jail since his arrest on Nov. 19, even after Ghosn offered to turn over his passport, wear a tracking device, meet daily with prosecutors and live under guard in a Tokyo apartment he would pay for himself.
Ghosn is charged with failing as Nissan’s chairman to report $82 million in deferred compensation over eight years and transferring personal currency trade losses to Nissan. Hironaka says Ghosn is innocent of all charges and asserts that Nissan’s concerns should have been handled as an internal matter.
But experts tell Reuters that a change in defense style won’t alter Ghosn’s defense strategy. They also note that only about 3% of defendants in Japan who plead not guilty, as Ghosn has done, are acquitted. Virtually no one who claim innocence is granted bail.
RELATED CONTENT
-
Court Ruling Exposes GM to Punitive Damages Over Ignition Switches
A new ruling by the federal judge who presided over General Motors Corp.’s 2009 bankruptcy could expose post-bankruptcy General Motors Co. to a wave of costly punitive damage awards linked to the company’s defective ignition switches.
-
VW Is Storing Nearly 300,000 Repurchased Diesels in U.S.
Volkswagen AG has stashed about 294,000 diesel-powered cars across the U.S. that it bought back from customers after admitting the vehicles were rigged to evade U.S. emission laws.
-
U.S. Justice Dept. Asks VW to Delay Diesel Cheating Report
The U.S. Dept. of Justice has asked Volkswagen AG not to release findings of an independent probe into the German carmaker's diesel emission cheating scandal.