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TOKYO (Reuters) – Japanese automaker Mitsubishi Motors Corp. (GM.N: Quote, Profile, Research) said Monday that his boss, Carlos Ghosn, had been sacked as a result of a similar action by Nissan after being accused of financial irregularities,.
After his surprise arrest last Monday, a French-Brazilian businessman of Lebanese origin begins his second week in a detention center in Japan for covering up part of his $ 44 million earnings over the last two years. years. He is also accused of exploiting the company's property to his advantage.
The board members of the company said in a brief statement that it was "difficult" to keep Ghosn in power after his arrest a week ago in Tokyo. After an emergency meeting of senior executives at Mitsubishi Motors in Tokyo, which lasted more than an hour, the company said: "At the meeting of the board of directors of today He was decided to send him back (Ghosn) as president. "
On Sunday, Ghosn denied any concealment of his income and accusations of embezzlement. When questioned, Ghosn did not use his right to remain silent and pointed out that he had never intended to conceal income, according to sources quoted by the television, that he has not specified.
The Mitsubishi Motors decision came Monday, days after a similar decision by Nissan on Thursday. Nissan's board unanimously decided Thursday to remove Ghosn from his position as chairman of the board after a sudden coup that would have changed the fate of Ghosn. He helped change the destiny of the Nissan-Renault-Mitsubishi alliance.
"After reviewing a detailed report of an internal investigation, the board of directors voted unanimously to dismiss Carlos Ghosn for the presidency," the administrators said. Ghosn, 64, was widely praised for rescuing Nissan from bankruptcy in early 2000 and then Mitsubishi Motors, while establishing a strong alliance with the French Renault group.
Ghosn is known for the restructuring of Renault and Nissan since the 1990s. Renault was awarded to the Japanese manufacturer in 1999 and entrusted to it the reduction of costs and employment as part of a massive restructuring of the company.
In 2016, Ghosn took over the troubled post of Mestobashi after Nissan saved it by buying a third of its shares for $ 2.2 billion, while the scandal was affected by fuel consumption readings that resulted in lower sales.
But the tripartite alliance is in the wind: Ghosn was the only link between the alliance Japan-France, located 10 000 km from the headquarters of the other.
In turn, his assistant, Greg Kelly, described as the mastermind of the alleged offenses, denied the allegations that were reported, pointing out that Ghosn's salary had been properly paid.
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