Skip to main content
The Debate

Victim or villain: Carlos Ghosn re-arrested as Renault turns on former CEO

So why is Carlos Ghosn back in a Japanese jail? The once all-powerful boss of the Renault-Nissan alliance was planning his big counter-offensive with a press conference next week. We'll review the latest twist, its motives and timing which comes amid fresh scrutiny over the perks and payments afforded to the Franco-Brazilian-Lebanese corporate titan.

ADVERTISING

Renault are now the ones to flag alleged payments, this time to a subsidiary in Oman that's said to have funnelled funds to pay for everything from a British Virgin Islands-registered yacht to start-up money for Ghosn's son.

More broadly, we're still up against two competing narratives: the tale of a corporate hero nicknamed Le Cost Killer but who outlived his time and grew insufferable before an overdue comeuppance, or the story of a struggling Japanese automaker that reverts to government-backed economic nationalism now that it's back on firm footing. And when Renault tries to go for a full-blown merger, Nissan conveniently discovers its own creative bookkeeping.

Produced by Charles WENTE, Ingri BERGO and James VASINA.

This page is not available

The page no longer exists or did not exist at all. Please check the address or use the links below to access the requested content.