The former CEO of Nissan, Carlos Ghosn who had been under house arrest for nearly a year in Japan, has escaped the country and took asylum in Lebanon. In November 2018, Ghosn was arrested in Tokyo in relating to four charges against him including withholding the actual income and involving in the bribery case of distributing dealership in the Middle East.
Why Seeking Asylum in Lebanon?
Ghosn is a Brazilian-born of Lebanese descent who had spent most of his childhood in Lebanon. He is known by the title “Le Cost Killer” for his remarkable restructuring programs at French automobile manufacturer, Renault in early 2000.
Ghosn, being one of the world’s most successful business leaders at the beginning of the new millennium, had been experiencing a prominent business career. He has had an impressive career in serving as a leader in many notable automobile manufacturing companies including Michelin North America, AvtoVAZ, Mitsubishi Motors, Renault, and Nissan.
In Lebanon, Ghosn is popularly known for his remarkable achievements in the business profession. Over many years, Lebanon had been in trouble as the country’s economy collapsed which led to a massive increase of unemployment and trapped into a deep financial crisis.
Many leaders have been reminding Ghosn’s success story to youngsters in Lebanon and using the story rhetorically to disperse the protest of the masses against the prevailing country’s economic crisis. According to a CNBC report, the Lebanese ambassador in Japan often visited Ghosn during his house detention. The report mentioned that many Lebanese leaders had supported the former Nissan’s CEO’s denial of the corruption charges and extended their solidarity with Ghosn by proclaiming, “We are all Carlos Ghosn.”
Ghosn’s Charges and Fleeing Japan
Nissan fired Ghosn from the CEO of the company after the internal investigations revealed his involvement in several misconducts including hiding his salary income during his service in the automobile industry. Moreover, Ghosn was found involved in the illegal transferring worth $5 million of Nissan funds to his subsidiary account in dealing with the dealership agreement of the company in the Middle East.
Following the terms of his bail, the former CEO had been confined to his house in Tokyo under the surveillance cameras at the house entrance. During his house detention, Ghosn was forfeited from communication with his wife, Carole or using the internet and other communications.
As sources close to Ghosn revealed on Wednesday, January 1, 2020, “the French businessman, Ghosn has met Lebanon’s president after fleeing from Japan. According to a source, Ghosn was warmly welcomed by President Michel Aoun on Monday after flying into Beirut via Istanbul.
As CNBC reported, Ghosn could not be reached for comment about the meeting and has been silent publicly, except he issued a written statement shortly after his arrival in Lebanon saying, he had “escaped injustice and political persecution.” As per the report, during the meeting at the presidency, Ghosn thanked Aoun for the support given to him and his wife, Carole while he was in house detention. It was reported that Ghosn also said he felt secure now.
Lebanese officials stated that Ghosn entered the country legally on a French passport and therefore, it was legal. An attorney for Ghosn stated that he would likely convene a news conference in Beirut on January 8, 2020, though it was not yet finalized. Replying to a question, the attorney said, Ghosn, hesitated to share his escape details to protect those who helped him in Japan.
I’m Roshan, a journalist, blogger and music lover. I like covering global news related to finance, business, and technology. Focusing on the collection of true and reliable information, I rely on working by conducting interviews with business leaders and talking to the inside sources of companies.
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