Major Japanese business daily Nikkei is reporting Nissan’s former chairman Carlos Ghosn has reiterated his innocence, saying the payments to a Saudi businessman were legitimate and Nissan people knew about the transaction. AP
Major Japanese business daily Nikkei is reporting Nissan’s former chairman Carlos Ghosn has reiterated his innocence, saying the payments to a Saudi businessman were legitimate and Nissan people knew about the transaction. AP
Major Japanese business daily Nikkei is reporting Nissan’s former chairman Carlos Ghosn has reiterated his innocence, saying the payments to a Saudi businessman were legitimate and Nissan people knew about the transaction. AP
Major Japanese business daily Nikkei is reporting Nissan’s former chairman Carlos Ghosn has reiterated his innocence, saying the payments to a Saudi businessman were legitimate and Nissan people knew

In first interview Ghosn cites treachery and plot behind his downfall


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Carlos Ghosn, the ousted leader of Japanese automaker Nissan, said his removal was a result of “plot and treason” by colleagues at the company who objected to a closer tie-up with Mitsubishi and France’s Renault under a new holding company.

Mr Ghosn made the remarks in an interview with Japan's Nikkei newspaper, his first interview since being detained by Japanese authorities on November 19 last year. Mr Ghosn, 64, a Brazilian-French-Lebanese citizen, was originally arrested along with his aide and Nissan board member George Kelly, who has since been released.

Mr Ghosn, who led Nissan for 19 years and rescued the company from bankruptcy before entering it into a three-way alliance with Renault and Mitsubishi, was dismissed from his position as chairman by Nissan in December following allegations of financial misconduct and underreporting his compensation – crimes that carry jail sentences of a decade or more in Japan. He has vehemently denied any wrongdoing and reiterated those denials in the interview with Nikkei.

Mr Ghosn brushed off accusations that his tenure at the helm of Nissan was authoritarian and said it was a narrative propagated by those who sought to remove him from his position. "People translated strong leadership to dictator, to distort reality" for the "purpose of getting rid of me", Mr Ghosn was quoted as saying by Nikkei.

Mr Ghosn denied he was in breach of trust and said payments made to Nissan’s Saudi business partner Khaled Al-Juffali were carried out from Nissan’s “CEO reserve” and “four officers signed” for the payment. Property purchased in Brazil and Lebanon, which Japanese media and Nissan executives touted as an extravagant example of Mr Ghosn’s alleged improprieties, were approved by Nissan’s legal department, and specifically an executive by the name of Hari Nada, Mr Ghosn said.

The spectacular fall of Mr Ghosn and the speed at which Nissan chief executive Hiroto Saikawa turned on his mentor raised speculation by French and Japanese media of an orchestrated coup to remove him and set the stage for a looming power struggle between Nissan and Renault over control of the world's biggest car alliance. Nissan is unhappy with what it perceives as its junior partner status, according to Japanese media reports.

The French government owns about 15 per cent of Renault, which in turn controls 43.4 per cent of Nissan. Nissan holds only a 15 per cent non-voting stake in its French partner.

The prolonged detention of Mr Ghosn has cast light on Japan’s judicial system, which allows the indefinite detention of individuals. Mr Ghosn has not been allowed to meet or communicate with family members and his repeated requests to be released on bail have been denied by Japanese authorities, despite providing assurances to wear an ankle tracking device and personally pay for security.

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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
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RESULTS

 

Catchweight 63.5kg: Shakriyor Juraev (UZB) beat Bahez Khoshnaw (IRQ). Round 3 TKO (body kick)

Lightweight: Nart Abida (JOR) beat Moussa Salih (MAR). Round 1 by rear naked choke

Catchweight 79kg: Laid Zerhouni (ALG) beat Ahmed Saeb (IRQ). Round 1 TKO (punches)

Catchweight 58kg: Omar Al Hussaini (UAE) beat Mohamed Sahabdeen (SLA) Round 1 rear naked choke

Flyweight: Lina Fayyad (JOR) beat Sophia Haddouche (ALG) Round 2 TKO (ground and pound)

Catchweight 80kg: Badreddine Diani (MAR) beat Sofiane Aïssaoui (ALG) Round 2 TKO

Flyweight: Sabriye Sengul (TUR) beat Mona Ftouhi (TUN). Unanimous decision

Middleweight: Kher Khalifa Eshoushan (LIB) beat Essa Basem (JOR). Round 1 rear naked choke

Heavyweight: Mohamed Jumaa (SUD) beat Hassen Rahat (MAR). Round 1 TKO (ground and pound)

Lightweight: Abdullah Mohammad Ali Musalim (UAE beat Omar Emad (EGY). Round 1 triangle choke

Catchweight 62kg: Ali Taleb (IRQ) beat Mohamed El Mesbahi (MAR). Round 2 KO

Catchweight 88kg: Mohamad Osseili (LEB) beat Samir Zaidi (COM). Unanimous decision

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Day 1, Abu Dhabi Test: At a glance

Moment of the day Dimuth Karunaratne had batted with plenty of pluck, and no little skill, in getting to within seven runs of a first-day century. Then, while he ran what he thought was a comfortable single to mid-on, his batting partner Dinesh Chandimal opted to stay at home. The opener was run out by the length of the pitch.

Stat of the day – 1 One six was hit on Day 1. The boundary was only breached 18 times in total over the course of the 90 overs. When it did arrive, the lone six was a thing of beauty, as Niroshan Dickwella effortlessly clipped Mohammed Amir over the square-leg boundary.

The verdict Three wickets down at lunch, on a featherbed wicket having won the toss, and Sri Lanka’s fragile confidence must have been waning. Then Karunaratne and Chandimal's alliance of precisely 100 gave them a foothold in the match. Dickwella’s free-spirited strokeplay meant the Sri Lankans were handily placed at 227-4 at the close.

Play-off fixtures

Two-legged ties to be played November 9-11 and November 12-14

 

  • Northern Ireland v Switzerland
  • Croatia v Greece
  • Denmark v Ireland
  • Sweden v Italy
BRIEF SCORES:

Toss: Nepal, chose to field

UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23

Nepal 132-7: Jora 53 not out; Zahoor 2-17

Result: UAE won by 21 runs

Series: UAE lead 1-0

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