Ex-President Ghosn was removed from his position as Nissan's director of the board of directors | New



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Nissan Motor shareholders elected former chairman Carlos Ghosn as director, breaking his last ties with the automaker.

Shareholders present at Monday 's emergency meeting also revoked the tenure of another director, Greg Kelly, and decided to appoint Renault chairman Jean – Dominique Senard to fill the vacancy. administrator, according to the information provided on that occasion.

The second-largest Japanese automaker has proposed the resignation of Ghosn after stopping the presidency in November after his arrest, while Renault's new president, Jean-Dominique Senard, became a member.

In 1999, Renault sent Ghosn to lead the turnaround of Nissan, which nearly went bankrupt, after forming a capital alliance with the Japanese automaker.

The Renault-Nissan-Mitsubishi Motors alliance has sold more than 10 million vehicles in 2018 after Ghosn invigorated Nissan.

On Friday, the Tokyo District Court upheld the 65-year-old detainee's detention until 14 April, after the prosecutors took Mr. Ghosn into custody.

This period may be extended by 10 additional days if the court allows it. It is therefore unlikely that Ghosn will be released soon.

His arrest took place almost a month after his release from Tokyo detention center in early March, after 108 days of detention.

Ghosn faces three separate charges. The first two relate to the alleged deferral of approximately $ 80 million in revenue and its concealment in official shareholder documents.

The third, more complex, charge is that he attempted to transfer personal losses to Nissan and paid a Saudi contact who provided him with a guarantee from the company's funds.

Al Jazeera's Fadi Salameh, reporting from Tokyo, said the shareholders meeting was "a very important step in the business".

"Tomorrow, his lawyers will also hold a press conference and show the media a video message from Ghosn, recorded just before his arrest on Thursday," Salameh said.

A "conspiracy" against Ghosn

Just before his arrest, Ghosn appeared on Twitter to announce a press conference for April 11 – which will not happen today without further surprise.

However, he gave a combative interview to the French TV channel TF1, in which he again denounced his fall as a "conspiracy" of Nissan and feared that he was not receiving a fair trial.

"It's obvious that it's a conspiracy," Ghosn said. "Everything has to be put on the table.Of course, I have names.

"You've seen some in the press, but others have not been."

The latest charges against Ghosn are "more serious this time around," according to Michael Penn of the Shingetsu news agency.

"There is a series of more serious charges from prosecutors," Penn told Al Jazeera from Tokyo.

"It's much more likely that it's part of a coup in a meeting room and Ghosn's claims that it has been put in place make a lot of sense."

The former Nissan chief, Carlos Ghosn, claims that he has not hidden any money

SOURCE:
Al Jazeera and news agencies

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