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Tag Archives: Ghosn Matter
Nissan Scandal – a Gift That Keeps on Giving – Executive Officer and Vice COO Jun Seki Unexpectedly Resigns
The Nissan Corporate governance crisis is ongoing and comes as Nissan has started its new management under Representative Executive Officer, president and CEO Makoto Uchida as of December 1, 2019. Seki was to be a key executive in administering the turn-around that seeks to halt slumping sales, confusing brand images and expensive incentive programs. Continue reading
Posted in fools 'n frauds, litigation, news analysis, people
Tagged auto industry commentary, autoinformed.com, Ghosn Matter, Jun Seki, Kenneth Zino, nissan
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Nissan Gets Tiny $24m SESC Kiss for False Filings
The Securities and Exchange Surveillance Commission (“SESC”) has recommended that the Financial Services Agency (“FSA”) should issue an administrative monetary penalty payment order of 2,424,895,000 yen against Nissan Motor Co., Ltd. For false disclosure documents. (The Securities and Exchange Surveillance … Continue reading
Posted in auto news
Tagged auto industry commentary, autoinformed.com, Ghosn Matter, Kenneth Zino, Nissan Renault Alliance
1 Comment
Ghosn Shakeout is Ongoing as Thierry Bolloré, CEO Renault SA, is Fired by the Board of Directors
The Carlos Ghosn matter has turned into farce as investigations into Nissan and its JVs with Renault 0n corporate governance practices post Carlos Ghosn revealed layers of incompetence and/or malfeasance, as well as various degrees of criminal activity that are rarely observed in western corporations. Continue reading
Japanese Issue Arrest Warrant for Wife of Carlos Ghosn
Mr. Ghosn has scheduled a press conference today in Lebanon to give some comments on his arrest and pending trial. Carole Ghosn, not surprisingly, has been a vocal critic of the charges and Japanese justice system that is perverse by western standards. Continue reading →