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TechnologyNissan executive Munoz resigns after Ghosn's arrest

14:05  12 january  2019
14:05  12 january  2019 Source:   msn.com

Reports say Nissan's Ghosn questioned over financial reports

Reports say Nissan's Ghosn questioned over financial reports TOKYO - Japanese media say Carlos Ghosn, Nissan Motor Co. chairman, is being questioned by Tokyo prosecutors on suspicion he falsified his financial reports. 

Nissan Chief Performance Officer Jose Munoz , who took a leave of absence a week ago, has resigned , the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman Carlos Ghosn .

Munoz is among several executives media speculated might succeed Ghosn , who led Nissan for two decades. Munoz said in a statement on LinkedIn Saturday he made the decision after serious thinking because the company was "involved in matters that have and will continue to divert its focus

Nissan executive Munoz resigns after Ghosn's arrest© Provided by thecanadianpress.com FILE - In this Sept. 12, 2018, file photo, Jose Munoz, then head of Nissan's China operations, speaks during an interview in Shanghai. Nissan Chief Performance Officer Munoz, who took a leave of absence a week ago, is leaving, the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman Carlos Ghosn, Munoz said in a statement on Saturday, Jan. 12, 2019. (AP Photo, File)

TOKYO - Nissan Chief Performance Officer Jose Munoz, who took a leave of absence a week ago, has resigned, the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman Carlos Ghosn.

Detention of Nissan's Ghosn extended through Dec. 20

Detention of Nissan's Ghosn extended through Dec. 20 A Tokyo court ruled Tuesday that Nissan Motor Co.'s former chairman, Carlos Ghosn, and another executive will remain in custody through Dec. 20, more than a month after their arrest. Their detention could continue for months more under the Japanese legal system. Ghosn's lawyer filed a protest with the court against the prolonged detention, the Tokyo District Court said. The court decision comes a day after Ghosn, fellow Nissan executive Greg Kelly and Nissan Motor were charged with violating financial laws by underreporting Ghosn's pay by about 5 billion yen ($44 million) in 2011-2015. They were arrested on Nov.

TOKYO: Nissan Chief Performance Officer Jose Munoz , who took a leave of absence a week ago, has resigned , the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman Carlos Ghosn . Munoz said in a statement on LinkedIn Saturday he

Nissan Chief Performance Officer Jose Munoz , who took a leave of absence a week ago, has resigned , the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman Carlos Ghosn .

Munoz said in a statement on LinkedIn Saturday he made the decision after serious thinking because the company was "involved in matters that have and will continue to divert its focus," referring to Ghosn's case.

Munoz is among several executives media speculated might succeed Ghosn, who led Nissan for two decades.

Nissan confirmed the resignation, effective immediately.

There have been other recent departures from Nissan, but Nissan has denied they were related to Ghosn's case.

Munoz, a Spaniard who oversaw Nissan's global strategies, worked for Nissan for 14 years.

"I love the company, my talented co-workers and Nissan's industry-leading dealers," he said.

Ghosn, arrested Nov. 19, has been charged with breach of trust and falsifying financial reports and remains detained in Tokyo. He rebutted each allegation and asserted his innocence in a Tokyo court earlier this week, his first public appearance since his arrest.

The court rejected a request by prosecutors late Friday that Ghosn not be allowed to receive visitors, paving the way for his family to see him for the first time since his arrest. Until now, Ghosn could only see prosecutors, embassy officials and his lawyers.

In Japan, suspects are routinely held for months until their trials start. No trial date has been set for Ghosn.

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Tokyo court grants bail to ex-Nissan chair Ghosn after more than 3-month detention.
Tokyo court grants bail to ex-Nissan chair Ghosn after more than 3-month detention

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