BoJ leader blamed in Ghosn case – 29/11/2018 09:21:10



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A BOJ OFFICER IN THE GHOSN CASE

FUKUOKA, Japan (Reuters) – One of the top Bank of Japan (BoJ) officials on Thursday refused to respond to claims by the Japanese press that it would be involved while working at Shinsei Bank in an attempt alleged Ghosn to make Nissan bear losses related to personal investments.

Shukan Bunshun newspaper reported on Thursday that Takako Masai, as head of Shinsei Bank, had participated in Carlos Ghosn's alleged attempt to transfer to Nissan a loss of 1.7 billion yen (about 13 million euros) suffered during the financial crisis of 2008.

"I would refrain from commenting on individual transactions because of my duty to reserve," Takako Masai, now a member of the BoJ's monetary policy committee, told a press conference following a meeting. with business leaders.

"I can not speak about specific transactions made by Shinsei Bank either," she added. The bank also refused to react to the article by Shukan Bunshun.

Citing a former Shinsei Bank official, the newspaper reports that bank representatives, including Takako Masai, have proposed transferring the personal loss of Carlos Ghosn to Nissan provided he gets the green light from the board of directors of the bank. Car manufacturer.

This attempt failed after an unfavorable opinion from the market authorities, adds Shukan Bunshun.

Takako Masai joined the Bank of Japan in 2016 after holding various management positions at Shinsei Bank, which she joined in 2007.

Carlos Ghosn has been detained since 19 November in Japan, where he is accused of not reporting his entire income and using Nissan funds for personal gain.

Nissan then dismissed him as chairman of the board.

Carlos Ghosn, who remains CEO of Renault and the Renault-Nissan alliance, rejects accusations against him, according to the Japanese press.

(Leika Kihara, with Kaori Kaneko, Bertrand Boucey for the French service, edited by Gilles Guillaume)

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