The Ghosn affair risks harming Japan's stature on the world stage



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PHere's an illustration: one of the world's most prominent businessmen gets off a plane in a foreign country and is immediately arrested and taken to jail.

His alleged crimes? Large-scale embezzlement and deliberate concealment of the true scale of his mega-salary. Sounds right?

I am talking about Carlos Ghosn, president and architect of the powerful Renault-Nissan-Mitsubishi global automobile alliance. If you thought that the overthrow of Sir Martin Sorrell, of the WPP, was extraordinary, the financial scandal surrounding Ghosn and the largest automaker on the planet suggests that it is a minor skirmish.

Ghosn is a business titan with few equals. He was a "god" that other big international players struggled …

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