business

Nissan CEO says staff feels 'dismay' at Ghosn scandal

26 Comments
By Gal ROMA

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26 Comments
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Burning Bush, if he can't even handle his own tax paperwork because it is way complex for him, how could he be qualified to run a business like nissan is beyond cronyism: it is corruption.

0 ( +6 / -6 )

Ghosn could face up to 10 years in jail.

That would be something. I imagine multinationals would be a lot less willing to send their execs to Japan if that happens, especially as Kelly at least is denying the charges.

5 ( +6 / -1 )

Ghosn, like all major executives, did not handle his own tax paperwork, it would have been way too complex considering he was paid by several different companies in several different countries. The paperwork was handled by his company appointed staff.

And? It sounds as if you are making excuses for Ghosn's fraudulent activities.

-2 ( +5 / -7 )

"I truly regret, and would like to apologize for, us betraying and completely letting down our customers, business partners and other stakeholders who supported us after our revival," he wrote.

"I truly regret, not fabricating something sooner, we want to push away our majority shareholders and break the alliance ivapologize for, I decided to frame the very man who made Nissan a successful after it was bankrupt twice and let's hide what the accountants and auditors do. So I decided to create a fallacy while I steal the show and destroy these outsiders even though without them we won't exist nor have jobs. Blame these 'outsiders' I'm betraying Nissan for this and completely letting down our customers, business partners and other stakeholders who supported us after our revival," he wrote.

2 ( +5 / -3 )

Burning Bush, obviously, you are not a CEO. I am a president, I still have to be responsible for my own things.

-6 ( +4 / -10 )

did you do all of your own taxes last year?

No, but my signature/stamp is definitely there on the paperwork.

If we were to create a rule of law which effectively meant that those wealthy enough to hire a team of accountants and lawyers could never be prosecuted for fraud, how fair would that be to the small company owner who does all of his own taxes and accounts?

-1 ( +3 / -4 )

Does it occur to people that those golden eggs never pay more tax, but less ? It is a pattern, and only fools would believe them.

-1 ( +4 / -5 )

Burning Bush, if he is doing what you are describing, then he doesn't deserve the money.

-4 ( +3 / -7 )

At the time I wrige this message, Mr Kelly denies wrongdoing. So some are ousting others on fake assumptions. Incredible.

-1 ( +2 / -3 )

They are in dismay because Nissan hung the dude out to dry and they have no idea the replacement can actually do anything.

5 ( +5 / -0 )

People are excusing him saying that he doesn’t do his own taxes.

One thing you need to know about people who are obsessed with money. They know every aspect of their finances. He was, by trade, obsessed by money and that’s how he turned Nissan around.

if anyone thinks he didn’t know his personal finances, you’re being naive.

0 ( +4 / -4 )

The general guts of this is still being presented as "about Ghosn's taxes, monetary & other benefits".

While that of course exists, the real topic is obviously about control. Control of a huge company by a smaller foreign company. Easy to see locals getting their noses out of joint re that. I mean - who wants to be ruled by a faraway entity (in distance, ethics  & corporate culture) even if they hold 43% of stock.

And Saikawa is in "dismay" and apologizing all over himself for the betrayal of Nissan customers.

I mean - get real. This is a corporate dog fight and if the customers were # 1, then this would have been handled very differently. A direct betrayal of customers was observed recently with Nissan's falsification of emissions scandal. That's a direct hit on the paying customers treating them as imbeciles. Did Saikawa resign over that or was he demoted or salary cut or lost his job? Was he shock, horror - "Dismayed"? No!!!

The money involved is inconsequential. A good football player in Europe gets tons above Ghosn. Even Kagawa playing in Germany is on ¥20,000,000 a week.

No - this is simply about pride, hate & power.

3 ( +5 / -2 )

Sneaky Saikawa could reveal more details if he wanted to, but that would mean having to explain his own part in it. He still hasn't said clearly when he first knew about the under-reporting of Ghosn's income.

3 ( +6 / -3 )

Ghosn and Kerry were sacked by a unanimous vote by the Nissan board which includes two Ghosn-side members who attended the meeting from France through TV. The two members agreed to vote after being presented evidence in detail. 

So, there must be convincing evidence.

-6 ( +0 / -6 )

Ghosn, like all major executives, did not handle his own tax paperwork, it would have been way too complex considering he was paid by several different companies in several different countries. The paperwork was handled by his company appointed staff.

Burning Bush, if he can't even handle his own tax paperwork because it is way complex for him, how could he be qualified to run a business like nissan is beyond cronyism: it is corruption.

This is not about income tax, why do you keep on perpetuating this as though it is? Any high earner employs specialists to deal with personal taxation especially when it is as complex as Ghosn's; where is he tax resident, where is he domiciled, tax treaties between Japan and France for example, It's a very complex subject and for you to think that this "paperwork" is handled by his staff or even himself is ridiculous. Once again, this is not concerned with income tax.

1 ( +3 / -2 )

Strange isn't it. When a scandal breaks out that might infer that Japanese home grown may be involved, suddenly everybody is dismayed. "Japanese can't understand ,......?

No doubt when all this is over it will be "Japanese just want to forget".

2 ( +2 / -0 )

Distressed ???.He started it. Now lets see such a Japanese, if the Japanese themselves could forgive him ???.

I can tell everybody, that there still many good Japanese owners and share-holders around, Plus his own co-workers that will not forgive such a person or persons. A Carlos 'child ', I am sure we have seen many family or share-holders battle but none like this. Destroying a 64 years old life and that of his family. I do not know any of them in Nissan but all good Japanese cannot and will forgive such bad betraying attitude.

A story that is going to be around for another 20 years. Pls do not try sweet words & talks, the damage is already done to all in Nissan & Japan Inc plus all good Japanese people. Regrets too late for that.

1 ( +2 / -1 )

So, there must be convincing evidence.

Maybe so but Renault is not cutting ties with him so there still are questions.

1 ( +2 / -1 )

they have no idea the replacement can actually do anything.

Carlos won't be missed because he was already gone. He has spent the last years jetsetting with his mistress then wife, he only showed up at Renault-Nissan to threaten shareholders and try to obtain even higher salary and more advantages for his family as he was given 2022 as a deadline.

Saikawa and his team have managed Nissan for years, while Bolloré has managed Renault and done all the job with emission scandal, etc. And the alleged case is the least of their problems, both companies have huge strategic issues. I doubt they split because both sides are weak now, and it's like a poor couple, they can't afford the cost of a divorce.

all good Japanese people. 

Yawn. They deserve Ghosn. He arrived in Japan, he was just a little factory-closer, a little worker-firer. The Japanese fed his ego with 2 decades of praise, he turned into a gigantic dragon.

-4 ( +0 / -4 )

@coskuri

That is such a gross disservice to Ghosn considering how he helped rebuild Nissan I can't believe it. He travelled the world because the plants of 3 corporations are all around the world and he has to oversee them.

At any rate Europe knows his character and will keep him at least. He'll pay his fine and leave Japan. If he goes to jail that's the end of working in Japan for western execs as they won't be able to trust the forms they're signing

2 ( +2 / -0 )

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