Home Sweet Home for Carlos Ghosn
Ghosn has left Japan for his homeland Lebanon, a country with no extradition to Japan. Even with every movement recorded, with his wife, Carole Ghosn’s talks monitored, Ghosn was able to pull a Jason Bourne and break out of Japan. With the update below we are now thinking this is a James Bond movie.
According to the Wall Street Journal and other well-known sources, Carlos Ghosn weighed his options of spending around 15 years in a Japanese jail or forfeiting almost $14 million. It is not known whether Ghosn made a deal to leave or jumped bail. (see update below)
I can’t help but laugh. The ferocity with which the Japanese arrested Ghosn in Japan in November 2018, and held him in jail for 108 days made many people cringe. He was released from prison in March 2019 but put back in jail for a few weeks after being arrested again in April. His wife, Carole, was allowed to visit, but the Japanese government apparently didn’t like that either, and in the dead of night, one night came into the apartment and snatched Ghosn back up and kicked Carole out of Japan.
Japan played hardball and it left a bad taste; Ghosn served his first 108 days which means he should be able to request bail. BUT, since he was charged with another crime, albeit the same thing just different years, Japan was allowed to put him back in jail.
You also might be interested in Carlos Ghosn, the ugliness of human egos and cultural differences
I’m not implying that Ghosn is innocent. I don’t know the full story, but I, like many others, was skeptical that Ghosn would get a fair trial in Japan and questioned the fairness of Japan’s justice system.
It looks like 2020 is going to be a lot brighter for Carlos Ghosn than any of us anticipated. The book just keeps writing itself.
Updated quote from Carlos Ghosn:
Just seen on Twitter:
If this is true, then we have to consider a movie more like James Bond than Jason Bourne. If Ghosn was smuggled to Turkey in a speaker music box, let’s say a Yamaha music box, any company that exports to Turkey on a regular basis. He would need oxygen and heat inside the box.
Updated – again
It has been confirmed that a band of musicians provided entertainment in Ghosn’s home in Japan during dinner. Ghosn hid inside one of the musical instrument’s boxes as the musician’s left and while departing Japan via a local airport, ostensibly Osaka.
Do they scan every bag for cargo?
The movie keeps writing itself. I will post more updates as I get them.
Update breaking news – Are these the flights Carlos Ghosn took on cargo flights?
I’ve heard different stories; one is that it was a regional airport that Ghosn’s cargo flew out of and the other that he flew directly from Osaka to Istanbul to Beirut. COTAM found the flights Ghosn could have been on to take him directly from dinner to the airport to Lebanon. From COTAM on twitter: Aircraft TC-TSR (well-known #TCTSR) flew from Osaka Japan to Istanbul the same day as #carlos_ghosn #carlosghosn #Ghosn flew from Turkey to Beirut Lebanon 30.12.2019
How are Japan, Nissan, and Renault doing?
If this is truly a cloak and dagger exploit Japan is going to be the laughing stock of countries globally. There are other people that say that they, as a foreigner, were treated unkindly by Japan as well. One twitter follower said, “I had a hard time leaving Japan after my company tried to charge me with defamation after I quit… I know only a small sliver of what he went through …” Japan must be considering all of its options especially with the Olympics being hosted in Japan in 2020.
Since the arrest of Carlos Ghosn, the Nissan stock price has gone from about $20 to almost $12. Multiple executives and lower personnel have left the company. The total number of shares that have decreased in value by $8 since Ghosn’s arrest is 4.220,715,112. Of those shares, 761,376 are owned by individuals.
Renault has not faired much better; Since the arrest of Carlos Ghosn at the beginning of Nov 2018 the price of the stock has gone from $65 to $42. The top executives have changed hands at Renault as well, with Thierry Bolloré a French businessman from Michelin.