This is a huge own goal by the Japanese and thoroughly bad news for Nissan. Carlos Ghosn has worked miracles for them over his 20 year tenure, changing them from very much an "also ran" to being a key player in many markets and a successful pioneer in electric vehicles. The whole motor industry is hugely respectful of what he's achieved.And yet again in Japan:
https://www.theguardian.com/business/2018/nov/24/nissan-crisis-new-light-japan-inc-awkward-secrets-carlos-ghosn
I can't see Nissan coming out of this with a clean nose. There was a secret plan inside Renault to do a 100% takeover if the rumour mill is correct. Either this arrest is intended to accelerate the fact or to try and stop it.
The stupidity of the situation of him taking undeclared money is the Japanese system of considerably underpaying their top executives. If Nissan had coughed up what he was worth in international terms he may never have been tempted to take more under the counter.
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