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© (c) Copyright Thomson Reuters 2019.Nissan executive Munoz takes leave of absence in wake of Ghosn arrest
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sakurasuki
Fortunately for him he is not in Japan otherwise Saikawa would create allegation for him too.
Shake-up, hostile shake-up to be more precise.
Saikawa's agenda is much more important than him to show up in annual event to boost Nissan sales.
Bugle Boy of Company B
Probably wants to avoid being locked up.
Yubaru
Really? Where did you get this information from? With all the executive level meetings that seem to be going on at Nissan in the wake of this scandal it would seem that he would be here to deal with it.
Doubtful, it's all talk at a time when action is needed to stabilize the company. This kind of rhetoric is going to come back to bite him on the arse when he cant produce!
Schopenhauer
Be out of Japan and you are free from indictment. At Nissan without Ghosn, you will lose your room at Nissan. Saikawa will also be leaving Nissan. His role of getting rid of Ghosn is finished. In business wise, Mitsubishi will be in trouble.
Ex_Res
This news is a red herring. Remember, it is the Japanese justice system which is on trial here.
Ak Jjenner
renault france, ghosn half france half brazilian, nissan just you did saw it before brazilian i see just corruption!!!!!!!!!!!!!!!!
Ricky Kaminski13
In other words he wants nothing to do with the whole sordid affair. This one is on you boys!
sakurasuki
And taking risk to face made up allegations, no he smarter than that.
His position is for Nissan US and his working in US.
You just like to make comment out from nothing right.
Chip Star
The Japanede sure are keen on making Nissan Japanese again.
GW
…...yeah, pretty sure Munoz wont attend any meetings in Japan!! And I am sure a LOT of people at Nissan have having MORE than 2nd thoughts working there!
Lots of dust in the air from all the resume's being updated & shuffled about!
Yubaru
I guess you didnt actually READ the article.
He is the chief performance officer, for NISSAN which means his position is HERE in Japan.
goldorak
'Japanese prosecutors want Carlos Ghosn, the detained auto executive who oversaw an alliance that sold 10 million vehicles a year, to confess to financial misconduct, his son told France’s weekly Journal du Dimanche (JDD)'.
https://www.reuters.com/article/us-nissan-ghosn-son/japanese-prosecutors-want-ghosn-to-sign-confession-says-son-paper-idUSKCN1OZ0NI
sakurasuki
I guess your only information just Japan Today article, no matter other of many things that article didn't mention
Which mean you only assume he is in Japan, he holds multiple positions in Nissan and that pretty common in corporate world.
Will Goode
No @Ex_Res, the Japanese Justice System is just Japans way of getting some money back from Carlos Ghosn, the French did it a different way and got 30%.
The real story is he was the Chairman and which way was he able to take the company ?
Since then, Nissan has succeeded in raising its market share in the United States, but profitability in the region has plummeted in the past few years due to heavy discounting on its vehicles,
Toyota is there releasing Guardian/Chauffeur on the P4 platform, but Nissan have nothing new.
semperfi
You are RIGHT ON.
For all the money Ghosn was paid - there is little to show for it.
semperfi
Munoz is somehow complicite in this case- either he was co-opting with Ghosn, or he is helping with the investigation, or may be a witness - so taking 'a leave' will ensure there is no conflict.
He will likely have been 'encouraged' to take a leave.
It's a gentleman's temporary exit.
There is nothing nefarious about it.
sakurasuki
More and more clue about Nissan internal conflict showed up, prosecutor just being used by Hirakawa for this.
Chip Star
Except for Nissan not going bankrupt. But that's not much, is it?
Akie
Nissan made correct choice if it chooses Munos to lead the company.
Goodlucktoyou
”Doing tasks” translates to shredding numerous documents.
zones2surf
I am pretty sure that Saikawa and Nissan put the screws on Munoz as it relates to Ghosn. Basically demanding that he choose sides: either side with Saikawa and the J executives, or be sidelined.
And Munoz was not about to go along with Saikawa.Nor was he going to get on a plane and go to Tokyo, and risk the fate that befell Kelly.
Munoz is based in Tennessee. He is safe from the Japanese legal system. Nissan would have fired him, but they know how this would look. So, thus, this cover story.
Saikawa and Nissan want to reclaim Nissan for Japan and Japanese. And are hell bent on exterminating any and all senior foreigners in management.
I truly hope Renault, as the largest shareholder, destroys Saikawa and his cronies.
wtfjapan
Probably wants to avoid being locked up.
how is that so hes not even based in Japan
Let me translate that for you. It means purge the gaijin.
this is the worst type or racism, at least if somebody says something derogatory to your face you know where they stand, but to do it secretly sniveling conniving behind your back that the type of pathetic little boys Saikawa and his buddies are. they really dont have the nads to do it any other way
GW
If Nissan wants to be a J-company again the answer is relatively simple BUY back shares from Renault!!!
That said this whole thing has gotten insanely UGLY due to POOR management in Japan, they are sabotaging their own company, semi falling on their swords so to speak!
Will Goode
Nissan,Renault&Mitsubishi is unraveling, but in perspective so is Ford and GM; the fuel and computing power of cars is changing, markets are tightening, especially in America, but arresting executives is just going to upset trade.
Kenji Fujimori
Finger pointing to foreigners.. disgraceful, Yet no old dinosaur era oji sans are guilty of anything
semperfi
@ Will Goode -
Excellent point!
Slickdrifter
Nissan is purging plain and simple.
An interesting article here.
https://asia.nikkei.com/Opinion/Ghosn-where-the-fault-really-lies
In this article the writer asks.
To ask the question pointedly: Where were Nissan's Japanese executives when "alliance agreements" favorable to Renault at the expense of Nissan's general shareholders were approved? Where were they when Ghosn's "excessive" compensation was approved? Who stood up to object? Who threatened to resign? Are the objections that Nissan's Japanese managers have to the proposed merger with Renault based on objective corporate concerns, or do they reflect merely personal resistance to serving under outsiders?
That last bit right there.
or do they reflect merely personal resistance to serving under outsiders?
Be curious as to what you all think?
Is this a purge to get anyone non-Japanese out of power?
Some food for thought.
Franco Spinelli
Japanese prosecutors will pay a very heavy price for making the mistake of arresting CARLOS GHOSN , they will be the mockery of the whole world more than they are now , weak case , indifference to constitutional rights , lack of susbstantial evidence, illegal and politically and socially and racially motivated arrest , etc etc .
You better be ready for when he is free and will sue you for the last yen in your pockets . WAIT & SEE .
Will Goode
28/11/2018
And still true today
Will Goode
So you ask google who owns NISSAN and it says RENAULT, then you ask who owns RENAULT and it says VOLVO, then you say who owns VOLVO and it says GEELY, hmmmm good luck with making Nissan only Japanese people.
Will Goode
So you ask google and it says President. HSaikawa;8DirectorsHSakamoto,TShiga,JDuzan,CGhosn,BRey,KIhara,GKelly&MToyoda.
4Auditors,4Officers,46VPs
Nothing stands out there as a problem.