Nissan shareholders dump Ghosn from board after he is re-arrested

Carlos Ghosn professes his innocence in a new video

Chairman Carlos Ghosn said in a video message released Tuesday by his lawyers that he is innocent of all charges of financial misconduct facing him and has been the victim of a conspiratorial plot.

Nissan made the decision at an extraordinary shareholders' meeting following Ghosn being ousted as chairman following his first arrest on November 19 on charges of under-reporting his remuneration for years in Nissan's securities reports.

"Nissan's internal investigation has uncovered substantial evidence of blatantly unethical conduct", company spokesman Nicholas Maxfield said when asked for comment on Ghosn's video.

Nissan shareholders voted to remove Ghosn from the board on Monday, effectively severing all ties with the former CEO and chairman. They mistook his leadership for greed and dictatorship, when he was the biggest defender of Nissan's autonomy, Ghosn said.

Last week, Tokyo prosecutors made a decision to re-arrest Ghosn - who was released on a nine million dollar bail (€8 million) - sending him back to the detention centre where he previously spent more than 100 days. Yokohama-based Nissan, which makes the Leaf electric vehicle, the March subcompact and Infiniti luxury models, was on the brink of bankruptcy when Renault sent Ghosn in to turn it around two decades ago.

Ghosn's wife also told RTL that she is ready to return to Japan to be questioned by the Tokyo District Public Prosecutor's Office.

He appeared to be saying he was the best leader for Nissan, while those behind the alleged conspiracy were failing.

"We've done many things in Nissan that I'm proud of".

Celtics guard leaves game vs. Magic with hip contusion
A road game against the Miami Heat on Tuesday and a home game against the Chicago Bulls on Wednesday in the season finale. Jayson Tatum left the game against the Magic early and did not return after suffering a left shin contusion.

Virgil van Dijk ready for 'unbelievably tough' Porto tie
But I think it's going to be a very tight game. "They're trying to get you down". PFA rules prohibit players from voting for their teammates.

Israel's Beresheet enters lunar orbit, becomes 7th nation to achieve feat
Beresheet conducted a successful maneuver this evening as the main engine was activated for 4 minutes. SpaceIL and Israel Aerospace Industries will broadcast live from the mission control room.

Mr Hironaka said he will appeal Ghosn's latest detention and would appeal to the supreme court about his new arrest.

Such procedures have focused much attention in the West on Japan's judicial system, which critics sometimes refer to as "hostage justice", because defendants who deny their charges are often not granted bail.

Prosecutors say the allegations that were the basis of his recent arrest are distinct from the others, while giving no details. His defence team says the allegations are related, and authorities have already seized all the documents.

The lawyer said on Tuesday that Mr. Ghosn's wife, who left Japan last week, did so out of concern for her own safety, adding she meant to ask the French government to help her husband.

She claimed that France has done nothing except for having the French ambassador to Japan accompany her when she left the country last week.

She also said that her husband had not acted alone and that others at the company knew.

"I am privileged to have three competent lawyers around me who are going to defend the case, but they don't share with me a lot of serenity about the fairness of the trial", said Ghosn.

Related News:

  • WikiLeaks claims Julian Assange was subject of spying at Ecuadorian embassy

    WikiLeaks claims Julian Assange was subject of spying at Ecuadorian embassy

    The anti-secrecy organisation said it had been offered all the material from an unnamed person in Spain, if it paid €3million. The comment sparked huge global interest, with hundreds of Mr Assange's supporters going to the embassy to protest.
    Sudan braced for military regime change as Bashir protests continue

    Sudan braced for military regime change as Bashir protests continue

    The rallies continued through the week leading to civilian casualties due to clashes between the security forces and protesters. In April 1985, the military forced long-time autocrat Jaafar Nimeiri to step down after days of protests.
    Dogs can sniff out cancer in blood with astonishing accuracy

    Dogs can sniff out cancer in blood with astonishing accuracy

    Thus far the beagles have correctly identified the cancer with 96.7% accuracy, and cancer free samples 97.7% of the time. Dogs can sniff out early signs of cancer in humans with almost 97 per cent accuracy, scientists revealed.
  • Young star Leclerc eyes victory in F1's 1,000th race

    Young star Leclerc eyes victory in F1's 1,000th race

    When asked which he would consider to be the better business proposition right now, he said: "I think I'd have to say Formula E. The country, which has a swelling number of motor sport enthusiasts, is a key market for F1's US-based owners Liberty Media.
    Man City boss Guardiola 'curious' about Man United, Bayern Treble-winning seasons

    Man City boss Guardiola 'curious' about Man United, Bayern Treble-winning seasons

    Not Liverpool , not Manchester City can repeat that. "We will have a good rest and follow the manager's instructions ". Below we look at City's potential run-in and who they would have to beat to achieve this incredible feat.
    Hong Kong 'Umbrella Movement' Protestors Found Guilty

    Hong Kong 'Umbrella Movement' Protestors Found Guilty

    Since then, many activists have been prosecuted, with some jailed, while a string of pro-democracy lawmakers have been barred. The court verdicts, viewed as a sign of further erosion of civil liberty in the former British colony, were criticised by...
  • Hawkeye MCU Disney+ Series With Young Avengers Kate Bishop

    Hawkeye MCU Disney+ Series With Young Avengers Kate Bishop

    The show is understood to be an adventure series in which Clint Barton ( Hawkeye ) will pass the baton to Kate Bishop . The series are tipped to be six to eight episodes and have larger budgets compared to other television projects.
    Bodies found confirmed to be missing NY couple in Dominican Republic

    Bodies found confirmed to be missing NY couple in Dominican Republic

    Mount Vernon police said they are aware of the situation but were not involved in the investigation into the missing couple. Moore and Ravenelle were supposed to return to NY on March 27, after a four-day vacation in the Dominican Republic.
    Tortilla forces stoppage in NCAA title game

    Tortilla forces stoppage in NCAA title game

    Four three-pointers by the Red Raiders , however, tied things up at 19 apiece with 7:34 to play in the half. But Texas Tech got the worse end of the deal, failing to score a field goal until deep into the first half.
  • WhatsApp iPad app in development

    WhatsApp iPad app in development

    On one side of the screen, users will see their chat conversations and the other half will consist of the detailed chat. But, the source revealed that the app will soon be available for initial testers before it goes official.
    U.S.  foils alleged terror plot in Maryland

    U.S. foils alleged terror plot in Maryland

    Prosecutors say Henry also told officers he was "just going to keep driving and driving and driving" and didn't plan on stopping. Mr Henry then allegedly made his way to National Harbor, arriving at about 10:00am that same day.

    New York Couple Missing in Dominican Republic Assumed Dead

    After spending six days in intensive care, the woman, believed to be Ravenelle, died on April 4, authorities said. Other family members and friends have been using social media to raise awareness about their disappearance.

Most liked

European Union and China reaffirms comprehensive strategic partnership with post summit joint statement
A joint statement issued after the talks says China will no longer force foreign companies to transfer their technology. China and the European Union have also set a goal of concluding an investment pact in 2020.

Kettering Council welcomes small gender pay gap
The law would also require employers to explain how they intend to eliminate any pay gaps within the organisation. Save the Children was among the charities that have narrowed its pay gap.

Bosa stopped political tweets in case 49ers draft him
In addition to having very similar measurables, the two Bosa's earned almost the same career grade at Ohio State . Before that , he logged 11 solo tackles, four sacks and one forced fumble.

Qualcomm Announces Snapdragon 730 & Snapdragon 730G for Mobile Gamers
These graphics-heavy files (and computer vision data) are then stored at half the size in HEIF format, saving you space. Camera improvements, meanwhile, will enable support for cinemagraphs and HD super slow-mo at 960 frames per second.

United Nations postpones Libya talks as violence rages
Adel Karmous, a member of Libya's High Council of State, said the government in Tripoli didn't have the means to fight. The authority of Libya's UN-backed government is not recognized by a parallel government in the east of the country.

How will Marcus Smart's injury affect the Celtics in playoffs?
Boston Celtics guard Marcus Smart (36) reacts after making a basket during the first half against the Miami Heat at TD Garden. Smart, 25, is averaging 8.9 points, four assists and 2.9 rebounds this season, but what he does goes far beyond the numbers.

Theresa May: I regret need for Brexit delay
She will ask the leaders of the 27 remaining European Union nations to grant her an extension of Article 50 to June 30. And the EU27 would avoid repeated Brexit summits.

Oil prices on rise with Libya tensions & supply cuts
Oil prices rose on Wednesday after data showed a hefty drop in USA gasoline stockpiles and an increase in crude inventories. Brent crude futures, the worldwide benchmark for oil prices, were up 77 cents, or 1.1 per cent, at $71.38 per barrel U.S.

European Union sets guidelines for ethical development of artificial intelligence
The pilot phase will also involve companies from non-EU countries and worldwide organisations. Early next year, the expert group will review the requirements and propose any next steps.

Pollard heroics help Mumbai Indians beat Kings XI Punjab in thriller
Wicket-keeper batsman Quinton de Kock top-scored for his team scoring 60 (39) with the help of six fours and two sixes. MI were without captain Rohit Sharma, who was rested as a precautionary measure due to muscle spasm in his right leg.

Polling underway for 42 LS seats in Andhra, Telangana
Voting for 543 Lok Sabha seats will be held in seven phases: April 11, April 18, April 23, April 29, May 6, May 12 and May 19. In Andhra Pradesh assembly polls to 175 seats will be held simultaneously with the Lok Sabha polls in the first phase.

Christchurch all-inclusive rugby team slams Israel Folau for latest anti-gay post
Rugby Australia has labelled superstar Israel Folau's Instagram post that said "hell awaits" for homosexuals as "unacceptable". In April 2018, Folau said gay people deserved to go to "HELL. unless they repent of their sins and turn to God ".

Social media and internet watchdog planned
Compliance with the new duty is to be overseen by an independent regulator, which the government said industry would fund. The White Paper has received a mixed reaction.

Bernie Sanders: I don't take frontrunner status "all that seriously"
His 2017 Senate financial disclosure forms show he earned roughly $1.06 million that year, more than $885,000 from book royalties. Vermont Senator and presidential hopeful Bernie Sanders has promised to release his tax returns by Monday April 15.

Toddler locks his dad out of iPad for 48 years
Parent Evan Osnos , a writer for the New Yorker , tweeted an image of his child's handiwork and the resulting message. Any data that's not backed up, however, would be irretrievably lost.