Lebanon FM throws support behind outgoing Nissan chairman

Ghosn stepped down from his role as Nissan CEO last year, but continued as both Nissan and Renault chairman.
by Georgi Azar

20 November 2018 | 11:25

Source: by Annahar

  • by Georgi Azar
  • Source: Annahar
  • Last update: 20 November 2018 | 11:25

In this Feb. 12, 2016, file photo, Chairman and CEO of Renault-Nissan Carlos Ghosn addresses reporters during a press conference in Boulogne Billancourt, outside Paris. (AP Photo)

BEIRUT: Caretaker Foreign Minister Gebran Bassil threw his support Tuesday behind embattled Nissan Motors Co. chairman Carlos Ghosn, a day after accusations were leveled against the prominent Lebanese businessman.

Bassil directed Lebanese ambassador to Tokyo Nidal Yehya to “closely monitor Ghosn’s case and ensure his ability to fairly defend himself.”

The Ministry remains steadfast in “standing by Ghosn during this ordeal,” the statement read.

Ghosn, a dual French and Lebanese citizen, was brought in for questioning Monday on allegations of shady financial dealings within the company.

The revelations came to light after Japanese newspaper Asahi said Ghosn submitted voluntarily to questioning about suspected violations of financial and exchange regulations while underreporting his income over many years.

Nissan CEO Hiroto Saikawa expressed “disappointment and frustration” at the news, while vowing to hold a board meeting Thursday to vote on Ghosn’s fate.

Ghosn stepped down from his role as Nissan CEO last year, but continued as both Nissan and Renault chairman.

Renault-Nissan-Mitsubishi operate in a three cross country alliance.

Show Comments

An-Nahar is not responsible for the comments that users post below. We kindly ask you to keep this space a clean and respectful forum for discussion.