Jan 3, 2020

Carlos Ghosn: Interpol red notice out for ex-Nissan boss

Ghosn on a rainy Tokyo day, thinking it might be time for a getaway. Photo: Kazuhiro Nogi/AFP via Getty Images

Interpol on Thursday issued a red notice asking Lebanon to arrest Carlos Ghosn, the former Nissan chairman who fled house arrest in Japan for Beirut.

Driving the news: Investigations into Ghosn’s escape are underway in Japan and Turkey, where the private plane he took from Tokyo stopped. Seven airport staff and pilots were arrested in Istanbul, per the FT.

  • “Ghosn, who was arrested in late 2018, had been awaiting trial in Tokyo on charges of financial misconduct — accusations he has consistently denied and which he claims were trumped-up as part of an attempt to remove him from his position as chairman of Nissan.”
  • “For the past seven months he had been living in a large house — a former embassy building — in central Tokyo under strict bail conditions and what was thought to be the watertight scrutiny of Japanese prosecutors.”
  • “Mr. Ghosn’s escape had been planned with the help of private security operatives since October, according to people familiar with the situation.”

Go deeper: Former Nissan head Carlos Ghosn: I fled Japan to Lebanon to escape injustice

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Wanted: The fugitive CEO

Carlos Ghosn was under house arrest in Japan before fleeing to Lebanon last weekend. Photo: Kazuhiro Nogi/AFP via Getty Images

When Carlos Ghosn simultaneously ran Nissan and Renault, he skipped freely across the globe, racking up 150,000 flying miles a year. But he probably never made a trip like the one he took the night before New Year's Eve.

Catch up fast: The former CEO of Nissan and Renault somehow eluded 24-hour surveillance in Japan, where he is facing trial on financial misconduct charges, and turned up in Lebanon, saying he had escaped the "rigged Japanese justice system."

Go deeperArrowJan 3, 2020

Podcast: Carlos Ghosn unboxed

After his daring escape from Japan, where he was under house arrest, former Nissan chairman Carlos Ghosn held an hours-long press conference in Beirut on Wednesday. Dan and The New York Times' International Correspondent Vivian Yee dig into what he said and what comes next.

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A tale of two carmakers: Tesla overcomes Nissan

Data: FactSet; Chart: Axios Visuals

Former Nissan chairman Carlos Ghosn was in pugnacious form on Wednesday during a 145-minute press conference in Beirut, at which he proclaimed his innocence while simultaneously bemoaning the underperformance of the Nissan share price.

By the numbers: Since Ghosn was arrested in November, Nissan's enterprise value has declined to $85 billion from $96 billion, a rate of roughly $36 million per trading day.

Go deeperArrowJan 9, 2020