Carlos Ghosn Escape Accomplices Plead Guilty in Tokyo Court
River Davis, Tsuyoshi Inajima, and Sophie Jackman, 14 June 2021
The American father-son duo charged with helping former Nissan Motor Co. Chairman Carlos Ghosn flee trial in Japan a year and a half ago pleaded guilty in a Tokyo court Monday.
Appearing for the first time since they were extradited to Japan from the U.S. earlier this year, Michael Taylor, 60, and Peter Taylor, 28, listened as the prosecutor read out the charges. Asked by the judge whether there was anything wrong with the charges, Michael replied “No, your Honor” while Peter said “No, ma’am.” Continue reading “Article: Carlos Ghosn Escape Accomplices Plead Guilty in Tokyo Court”
Alleged Accomplices in Ghosn Escape Set to Appear in Tokyo Court
River Davis, 14 June 2021
Two Americans charged with helping former Nissan Motor Co. Chairman Carlos Ghosn flee trial in Japan a year-and-a-half ago are now set to appear at their own hearing at the Tokyo District Court on Monday.
Michael Taylor, 60, and Peter Taylor, 28, have been charged with helping Ghosn illegally escape Japan in December 2019, where he was facing charges of financial misconduct. The former executive, who has denied prosecutors’ accusations of understating income and using company funds for personal use, was smuggled out of Japan in a case for audio equipment and ended up in Beirut, where he currently resides. Continue reading “Article: Alleged Accomplices in Ghosn Escape Set to Appear in Tokyo Court”
Four non-Japanese Toshiba Corp. directors call for shake-up after explosive probe
SOURAV D , 12 June 2021
On Friday, four non-Japanese independent directors of Toshiba Corp., the Tokyo-based multinational conglomerate focused on a swathe of sectors ranging from utility to industrial to consumer electronics goods, called for a sweeping overhaul of the company’s management and board after an investigation had unveiled a potential tie-up between Toshiba Corp and the Japanese Government aimed at ‘beating up’ foreign shareholders, sending shockwaves into the Japanese securities.
In point of fact, latest leg of explosive findings on Toshiba Corp’s securities exchange malpractice to squeeze more money out of foreign shareholders, would likely to add to further restrain on influx of foreign capitals into the Japanese money markets following a much-debated Ghosn scandal in late-2018 which had significantly loosened the Nissan-Renault-Mitsubishi alliance, suggested analysts. Continue reading “Article: Four non-Japanese Toshiba Corp. directors call for shake-up after explosive probe”