| 5:25 PM EST

Ghosn Will Plead Not Guilty to All Charges

Former Nissan Motor Co. Chairman Carlos Ghosn is readying a plea of not guilty to all charges of financial wrongdoing, says The Nikkei.
#people #Nissan #asia

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Former Nissan Motor Co. Chairman Carlos Ghosn is readying a plea of not guilty to all charges of financial wrongdoing, The Nikkei reports.

Ghosn’s attorneys will outline their position at a pretrial meeting with prosecutors on Oct. 24. Ghosn, who was last Nov. 15 and removed as chairman a week later, is not expected to go to trial until next spring.

That trial is expected to focus on charges that Ghosn hid 9.1 billion yen ($84 million) in deferred compensation from Nissan, which failed to report it. His defense team will insist the compensation never existed, according to The Nikkei.

Ghosn also refutes claims that he illegally funneled corporate funds to acquaintances in Oman and Saudi Arabia. His lawyers say the transactions were conducted properly and caused no harm to Nissan. Those charges may be contested in a later trial.

Related Topics

RELATED CONTENT

  • 8 Rules for Getting Things Done Through People

    Effective management is a timeless skill—as demonstrated by this treasure of an article from the AutoBeat Group archive. Although the tools of the trade have changed and proliferated, the basics remain the same. Here are 8 old school (and just darn practical) rules for being an excellent manager. 

  • Designing the 2019 Ram 1500

    Ram Truck chief exterior designer Joe Dehner talks about how they’ve developed the all-new pickup. “We’ve been building trucks for over 100 years,” he says. “Best I could come up with is that this is our 15th-generation truck.”  

  • The Changing Definition of 'Niche Vehicles'

    Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.