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What seems much more likely to me is that the Japanese government and the Japanese management of Nissan felt they had a right to controlling ownership of Nissan
by sunstone 5y ago
What seems much more likely to me is that the Japanese government and the Japanese management of Nissan felt they had a right to controlling ownership of Nissan after that had been purchased and turned around by Ghosn. In the circumstance, if that's what they wanted, then they should have bought it back rather than setting up a kangaroo court.
I suspect from now on companies with subsidiaries in Japan will be sure their top level meetings don't take place on Japanese soil.
- rendall 5y ago> What seems much more likely to me... Maybe. All our information comes from journalists, who occasionally gets things wrong. After that, it's down to belief. We haven't seen the evidence nor any counter evidence. All we have is a biased article. For me, leaving aside all of the dramatic details, we have the word of a Lebanese business man and his supporters versus the word of the Japanese government and the board of Nissan. Perhaps naive, but I'd tend to believe the Japanese government over some rando. It's not a banana republic over there. The government does not habitually collude with natives to squeeze foreigners. It's not like the UAE. Agreed, that's not evidence of anything, but as long as we're just talking "what seems much more likely" - what seems much more likely to me, is that the guy embezzled, got caught, had to flee the country and - unlike so many of these dreary, sordid little tales - he caught the ear of a sympathetic journalist to spin a sympathetic tale of escape and adventure. Well, he will be tried in absentio if that's allowed in Japan, and the evidence against him will be entered into the public record. Then maybe we'll each have a better idea of what we're talking about.