Tuesday, March 12, 2019

Ghosn of Nissan released from jail

Recently, Carlos Ghosn, the former Nissan CEO, was released on bail from jail.

The Guardian: Carlos Ghosn: former Nissan chairman released on bail in Tokyo

Ghosn seated Nissan CEO several years ago. He was expected to recover the performance of Nissan, a leading motor company in Japan. And indeed, he achieved a splendid profit. Once he was approved as a god of management.

However, in recent years, Ghosn has criticized by some major persons in Nissan, as well as other counterparts. Finally, Ghosn was arrested for breach of corporate governance.

I am not sure if he has committed crimes. Gohsn himself denies any involvement of crimes. It is possible that he was tricked by some enemies wanting to exile him from Nissan. On the other hand, it is possible he had betrayed workers and stakeholders as the prosecutor claims.

By the way, Japan is infamous for lengthened detention of suspects. If you are arrested, you would be detained for up to 23 days almost without any liberty. Furthermore, you will be prosecuted when you deny committing crimes. In this case, the detention will be prolonged for months, even years.

In Ghosn's case, France, as well as other foreign countries, was surprised by this Japanese trend of criminal justice. It is one of the reasons Ghosn got bailed successfully, I guess.

The environment of detention is very harsh in Japan. I know some persons who died during detention. Even if Ghosn has committed something wrong, I am doubtful he deserved to such long-term inconvenience.

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