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вторник, 20 ноября 2018 г.

New photo Inside Nissan chairman's £2.7m penthouse apartment raided by police

This is the luxurious £2.7million penthouse apartment of Carlos Ghosn, raided by police after the Nissan chairman was arrested for alleged financial misconduct.


Images show the plush interior of the 64-year-old's property, at the Moto Azabu Hills apartment block, which has sweeping views across Tokyo Japan.


Ghosn was yesterday accused by Japanese prosecutors of under-reporting his income and misusing company funds. Prosecutors sent investigators to Ghosn's private residence in Tokyo's Minato Ward and Nissan's headquarters in Yokohama, according to the Asahi news website.


Details have emerged about the allegations against the Brazil-born executive including claims that 'huge sums' were spent on homes for him in Rio de Janeiro, Beirut, Paris and Amsterdam.


It come as Nissan and Mitsubishi shares plunged with the automakers preparing to oust Ghosn.




This is the luxurious penthouse apartment of Carlos Ghosn, the Nissan chairman arrested for alleged financial misconduct. Images show the plush interior of the 64-year-old's property which has sweeping views across Tokyo Japan


This is the luxurious penthouse apartment of Carlos Ghosn, the Nissan chairman arrested for alleged financial misconduct. Images show the plush interior of the 64-year-old's property which has sweeping views across Tokyo Japan



This is the luxurious penthouse apartment of Carlos Ghosn, the Nissan chairman arrested for alleged financial misconduct. Images show the plush interior of the 64-year-old's property which has sweeping views across Tokyo Japan





Details began to emerge about the allegations against the Brazil -born executive including claims that 'huge sums' were spent on homes for him in Rio de Janeiro, Beirut, Paris and Amsterdam. He is understood to have a penthouse in this apartment block in Tokyo


Details began to emerge about the allegations against the Brazil -born executive including claims that 'huge sums' were spent on homes for him in Rio de Janeiro, Beirut, Paris and Amsterdam. He is understood to have a penthouse in this apartment block in Tokyo



Details began to emerge about the allegations against the Brazil -born executive including claims that 'huge sums' were spent on homes for him in Rio de Janeiro, Beirut, Paris and Amsterdam. He is understood to have a penthouse in this apartment block in Tokyo






Rita Ghosn, the ex-wife of Nissan's chairman Carlos Ghosn (together in 2008) has shared a Facebook post declaring 'all narcissists lie and abuse behind closed doors' after he was arrested for alleged financial misconduct


Rita Ghosn, the ex-wife of Nissan's chairman Carlos Ghosn (together in 2008) has shared a Facebook post declaring 'all narcissists lie and abuse behind closed doors' after he was arrested for alleged financial misconduct






The ex-wife of Nissan's chairman Carlos Ghosn has shared a Facebook post declaring 'all narcissists lie and abuse behind closed doors' after he was arrested for alleged financial misconduct. He is pictured with his current wife Carole in Cannes in 2017


The ex-wife of Nissan's chairman Carlos Ghosn has shared a Facebook post declaring 'all narcissists lie and abuse behind closed doors' after he was arrested for alleged financial misconduct. He is pictured with his current wife Carole in Cannes in 2017



Carlos Ghosn is pictured, left, with his first wife, Rita, in 2008 and, right, with his second wife, Carole, in 2017








Nissan CEO Hiroto Saikawa (pictured) said a months-long investigation prompted by a whistleblower had uncovered years of financial wrongdoing, including under-reporting of Ghosn's salary and misuse of company assets



His legacy appeared in danger of total collapse today, with his own handpicked successor as Nissan CEO accusing Ghosn of accruing too much power, in what he called the 'dark side' of his leadership.

Japanese media reported this morning that Nissan had provided Ghosn with houses in four countries 'without any legitimate business reason' in Rio de Janeiro, Beirut, Paris and Amsterdam. 



French minister calls for Renault to replace Ghosn



France's finance minister wants carmaker Renault to replace its once-superstar CEO Carlos Ghosn.


Renault will hold a board meeting today to discuss next steps after Ghosn's arrest in Japan and planned dismissal from Nissan.


Ghosn runs Renault, Nissan and the Renault-Nissan-Mitsubishi alliance that he helped turn into the world's biggest car-seller last year.


French Finance Minister Bruno Le Maire told broadcaster France-Info on Tuesday that Ghosn is not in a position to lead the Renault Group because of the accusations. He urged the board to name temporary leadership instead.


Le Maire said French authorities have examined Ghosn's tax situation in France but have found no wrongdoing.


Renault officials refused further comment. Shares in Renault continued to fall Tuesday.


Meanwhile Lebanon's foreign ministry said it would stand by Ghosn, who is of Lebanese descent and holds Lebanese citizenship.


Lebanon's caretaker Foreign Minister Gebran Bassil has asked the ambassador in Tokyo to meet with the executive and follow up on the case, 


'Carlos Ghosn is a Lebanese citizen who represents one of the Lebanese successes abroad and the Lebanese foreign ministry will stand by him in his adversity to ensure he gets a fair trial,' a statement said. Ghosn, who has Lebanese roots, was born in Brazil and is also French citizen. 




At the close of Tokyo trade, Nissan was down 5.45 per cent while Mitsubishi had fallen 6.84 percent.


The spectacular fall of the executive, which Japan's top government spokesman called 'truly regrettable,' also raised questions about the future of the sometimes fractious alliance he led of Nissan, Mitsubishi and Renault.


Nissan and Mitsubishi have said they will propose his removal as chairman, with Renault's board also meeting to discuss his fate.


The automakers and Japanese government officials said they would work to protect the alliance.


'Keeping a stable relationship (among the three companies) is important,' industry minister Hiroshige Seko told reporters.


On Tuesday there were still many unanswered questions about the allegations against a man long credited with an almost magical ability to turn around ailing auto companies.


Nissan CEO Hiroto Saikawa said a months-long investigation prompted by a whistleblower had uncovered years of financial wrongdoing, including under-reporting of Ghosn's salary and misuse of company assets.


Prosecutors said they were holding him as they probed allegations he had under-reported his income by around five billion yen (£34million) over five years.


Public broadcaster NHK reported Nissan has provided Ghosn with houses in four countries 'without any legitimate business reason,' and that Nissan paid 'huge sums' for the homes in Rio de Janeiro, Beirut, Paris and Amsterdam.


It also reported that some compensation due to other executives ended up going to Ghosn, without specifying how the process had worked.


At the close of Tokyo trade, Nissan was down 5.45 per cent while Mitsubishi had fallen 6.84 percent.




Nissan shares lost 5.45 per cent to 950.7 yen after dipping to a low of 940 yen, down 6.51 per cent, at one point


Nissan shares lost 5.45 per cent to 950.7 yen after dipping to a low of 940 yen, down 6.51 per cent, at one point



Nissan shares lost 5.45 per cent to 950.7 yen after dipping to a low of 940 yen, down 6.51 per cent, at one point





Prosecutors sent investigators to Ghosn's private residence in Tokyo's Minato Ward (pictured) and Nissan’s headquarters in Yokohama, according to the Asahi news website


Prosecutors sent investigators to Ghosn's private residence in Tokyo's Minato Ward (pictured) and Nissan’s headquarters in Yokohama, according to the Asahi news website



Prosecutors sent investigators to Ghosn's private residence in Tokyo's Minato Ward (pictured) and Nissan's headquarters in Yokohama, according to the Asahi news website





Carlos Ghosn is believed to have been taken to this detention centre in Katsushika in Tokyo following his arrest


Carlos Ghosn is believed to have been taken to this detention centre in Katsushika in Tokyo following his arrest



Carlos Ghosn is believed to have been taken to this detention centre in Katsushika in Tokyo following his arrest




The Ghosn scandal: What we know



Carlos Ghosn, one of the world's most influential executives is under arrest, in a shocking turn of events that raises questions about the future of the sprawling Franco-Japanese auto group he leads.


Details are starting to emerge about the allegations of financial misconduct against the leading titan, who has not yet issued a statement on his fate.


Here is what we know so far about the unfolding scandal:


Ghosn in detention


Japanese prosecutors confirmed Tuesday that they were holding Ghosn after arresting him a day earlier on suspicion of systematically under-reporting his salary over five years.


Nissan said it had been investigating Ghosn and Representative Director Greg Kelly for months, after a report from a whistleblower.


CEO Hiroto Saikawa said the company had uncovered years of financial misconduct including under-reporting of income and inappropriate personal use of company assets.


There has been no word from Ghosn or his representatives on the charges and no official confirmation on where he is being held. Sources told AFP he was being held at a detention centre in the capital belonging to Tokyo prosecutors.


Under Japanese law, Ghosn can be held for up to 23 days before being charged.


If bail is granted, it would be 'exorbitant, in hundreds of millions of yen,' or millions of dollars, according to Tsutomu Nakamura, a former prosecutor at the Tokyo District Public Prosecutors office. But in major cases like this, 'often no bail is granted until after the arraignment at the first court session'.


Falsifying corporate annual reports, which Ghosn and Kelly are accused of, carries a maximum penalty of up to 10 years in prison and/or a fine of up to 10 million yen, under the Financial Instruments and Exchange Act.


Details on the allegations


Prosecutors confirmed Ghosn had conspired with Kelly to report income of 4.9 billion yen (£34million) over five years when his actual income for that period had been nearly 10 billion yen.


Several executives at Nissan were reportedly involved in falsifying financial documents under instructions from Kelly but they have been cooperating with prosecutors in a plea bargain deal in return for lighter penalties.


Public broadcaster NHK reported board members received less compensation than financial statements showed, with Ghosn pocketing the difference.


Nissan also reportedly provided luxury residences to Ghosn in Brazil and Lebanon by making subsidiaries purchase the properties for billions of yen (tens of millions of dollars).


Governments weigh in


Japanese government officials scrambled to insist that the alliance of Nissan, Mitsubishi and Renault that Ghosn oversaw would not be affected by his astonishing downfall.


And France, which holds a 15 percent stake in Renault, said it would stay 'vigilant' on the stability of the alliance as well as the French automaker.


French Economy Minister Bruno Le Maire said he had ordered an inquiry into Ghosn's tax affairs immediately after learning of his arrest in Japan but that it showed up 'nothing in particular about his tax situation'.


But the allegations leveled against Ghosn in Japan do not include tax evasion in France.


Industry fallout


Nissan and Mitsubishi have also said they will propose ousting Ghosn as chairman, with the board of the former set to meet Thursday. Renault said it would meet later in the day to discuss Ghosn's fate.


The scandal caused shares in Nissan and Mitsubishi to plunge over five percent in Tokyo trade, a day after Renault shares dipped more than 12 percent in Paris.


Who is 'Le Cost Killer'?


Ghosn, 64, was born in Brazil of Lebanese descent, and educated at elite colleges in France, where he started in industry at tyremaker Michelin.


He made his name as a turnaround specialist before he was parachuted into Nissan from Renault in 1999, swinging the axe on costs to bring the troubled Japanese firm rapidly back to profit.


A globetrotting polyglot who shook up corporate culture in France and Japan, Ghosn could seemingly do no wrong until disquiet began to mount in recent years over his high renumeration.


The French government objected to his multi-million pay packet, and Saikawa said too much authority had become vested in the chairman.


That, the Nissan CEO said, was 'a dark side of the Ghosn era which lasted for a long time'. 




The shock of Ghosn's arrest was compounded by the harsh language levelled against him by Saikawa, who in a news conference accused the titan of accruing too much power.


'Too much authority was given to one person in terms of governance,' he told reporters at Nissan's headquarters in Yokohama on Monday. 'I have to say that this is a dark side of the Ghosn era which lasted for a long time.'


It was an almost unthinkable turn of events for Ghosn who had earned a virtually unparallelled reputation, particularly in Japan, for his role in resurrecting Nissan.


Ghosn has dominated the country's corporate landscape, and is a well-known figure among the Japanese public, who know him as 'Mr Fix It', partly through a popular manga comic of his life story.


But the tables had turned Tuesday, with the Yomiuri Shimbun describing executives at Nissan slamming Ghosn as 'greedy'.


'He says the right things, but in the end it's all about money,' the daily quoted senior employees as saying.


It was unclear how long Ghosn could be held, or even when prosecutors would officially announce the charges against him.


Local media reported prosecutors had negotiated a plea bargain for only the second time since Japanese law changed this year that would allow Nissan officials who are cooperating to receive lesser charges or lighter penalties.


Nissan said the ongoing investigation had uncovered years of misconduct by Ghosn and Representative Director Greg Kelly but refused to be drawn on whether other people were involved, saying only: 'These two gentlemen are the masterminds, that is definite.'


The news sparked concern in France, where the state owns a 15 percent stake in Renault. President Emmanuel Macron said Paris would be 'extremely vigilant' about the stability of the firm and its three-way tie-up.


Despite his international renown and rock-star status, particularly in Japan, where he was a rare foreign-born executive, Ghosn was not without detractors.




Details began to emerge about the allegations against Brazil-born Ghosn including claims that 'huge sums' were spent on homes for him in four countries 


Details began to emerge about the allegations against Brazil-born Ghosn including claims that 'huge sums' were spent on homes for him in four countries 



Details began to emerge about the allegations against Brazil-born Ghosn including claims that 'huge sums' were spent on homes for him in four countries 




Carlos Ghosn: The cost cutter with a big price tag 



In his 40 years in the auto industry, the praise Carlos Ghosn has won for turning around businesses has regularly been matched by criticism over the amount he has been paid to do it.


In the latest furore over his finances, Japan's Nissan Motor Co Ltd said on Monday it planned to oust Ghosn as chairman after alleging he had made personal use of company assets, among other acts of suspected misconduct.


The scandal comes just five months after the 64-year-old head of the Renault-Nissan alliance narrowly won a shareholder vote at Renault over his 7.4 million euro ($8.5 million) pay package for 2017, after losing a 2016 vote.




In his 40 years in the auto industry, the praise Carlos Ghosn (pictured) has won for turning around businesses has regularly been matched by criticism over the amount he has been paid to do it


In his 40 years in the auto industry, the praise Carlos Ghosn (pictured) has won for turning around businesses has regularly been matched by criticism over the amount he has been paid to do it



In his 40 years in the auto industry, the praise Carlos Ghosn (pictured) has won for turning around businesses has regularly been matched by criticism over the amount he has been paid to do it



Ghosn was born in Porto Velho, Brazil, to Lebanese parents and is a French citizen. In his youth, he nearly died after drinking dirty water.


He is said to have loved cars so much as a child, that by the age of five he was able to distinguish the make of a vehicle by its horn alone.  


Ghosn began his career in 1978 at tyremaker Michelin, before moving to Renault in 1996, where he oversaw a turnaround at the French automaker that won him the nickname 'Le Cost Killer.'


After Renault sealed an alliance with Nissan in 1999, Ghosn used similar methods to revive the ailing Japanese brand, leading to 'business superstar' status in Japan, blanket media coverage and even a manga comic book on his life.


As auto markets in western Europe and Japan struggled, Ghosn championed a cheap car for the masses in emerging markets and embraced the electric vehicle before many others.


He also never made it a secret that he believed there were too many carmakers in the world and consolidation would continue - in 2016 he added Japan's Mitsubishi Motors Corp to the alliance.


But in recent months, attention has increasingly turned to how the complex web of cross-shareholdings between the alliance partners might be simplified to ensure it can thrive following the eventual departure of its main architect.


In March, sources close to the matter told Reuters the alliance partners were discussing plans for a closer tie-up in which Nissan would acquire the bulk of the French state's 15 percent stake in Renault.


With Japan's Yomiuri newspaper reporting on Monday that Ghosn had been arrested by Tokyo prosecutors on suspicion of under-reporting his salary, the alliance's plans for the future just got more pressing.


Supporters often refer to Ghosn as a 'visionary' with the executive having embraced electric vehicles sooner than many rivals, launching the Nissan Leaf in Japan and the US in 2010. It is now the world's best-selling electric car.


Ghosn was known to sleep on his private jet as he flew between companies and countries around the world. 


The executive is a big investor in the Lebanese wine industry and was once mooted as a possible president of the country. He is said to have dismissed the plan, because he already had 'too many jobs', the BBC reports.


He is multilingual, being fluent in Portuguese, Spanish, Italian, French and English, and has picked up a working knowledge of Japanese from his time at Nissan.


Ghosn met his first wife, Rita, in the 1980s and the couple had four children, Caroline, Nadine, Maya and Anthony. In 2016, he married his second wife, Carole.


In the past, he has spoken of the importance of spending time with his family.


He once told Fortune magazine: 'I do not bring my work home. I play with my four children and spend time with my family on weekends.


'When I go to work on Monday... I come up with good ideas as a result of becoming stronger after being recharged.'


 




He earned admiration but also anger for his ruthless restructuring at firms like Nissan, and was nicknamed 'Le Cost Cutter' in France.


And his pay packet was regularly the subject of criticism, including at Renault, where it sparked a spat with shareholders. 


Meanwhile, Ghosn's ex-wife Rita shared a post on her Facebook page on Monday saying 'all narcissists are hypocrites.'


'They pretend to have morals and values that they really don't possess,' the shared message said, having been posted yesterday just after midnight. It has since been removed.


'Behind closed doors, they lie, insult, criticize, disrespect and abuse. They can do and say whatever they want, but how dare you say anything back to them or criticize them. They have a whole set of rules for others, but follow none of their own rules, and practice nothing of what they preach.'


Rita and Carlos Ghosn had four children together, Caroline, Nadine, Maya and Anthony according to CNN.


In 2016, Ghosn married his second wife, Carole, throwing a Marie Antoinette-themed wedding at the Grand Trianon at Versailles, France. 


Ghosn's fall from grace may have been a corporate 'coup d'etat', say experts as chairman's arrest shakes fractious Franco-Japanese alliance


By AFP 


Carlos Ghosn's spectacular fall from grace is seen by some as a stunning corporate 'coup d'etat' stoked by resentment at Japan's Nissan over a lopsided alliance with French carmaker Renault.


The chairman's shock arrest over alleged financial misconduct on Monday has shaken the complex Franco-Japanese coalition between Renault, Nissan and Mitsubishi and could be taken as an opportunity for the Japanese to rework it, commentators say.


Resentment in the Tokyo press had already been brewing over the structure of the alliance, which they say gives French carmaker Renault an undue share of the Japanese company's profits.


And Nissan CEO Hiroto Saikawa unleashed a surprising broadside against Ghosn and his legacy as he announced the firm has been investigating the chairman's misconduct.


'The tensions bubbling under the surface of the Renault-Nissan-Mitsubishi alliance in recent years have finally burst open in brutal fashion,' David Fickling, a columnist at Bloomberg News, told AFP.




Nissan and Mitsubishi shares have plunged as the automakers prepare to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct


Nissan and Mitsubishi shares have plunged as the automakers prepare to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct



Nissan and Mitsubishi shares have plunged as the automakers prepare to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct



'From the perspective of Japan, the French company could resemble a parasite attempting to control its intrinsically stronger host.


'The question is whether this bloodshed will be enough to tame the intra-group tensions.'


Japanese prosecutors have said Ghosn is being held on suspicion of under-reporting his income by around five billion yen ($44.5 million) over five years.


Corporate scandals are nothing new in Japan, but rarely are disgraced executives accused of personal enrichment.


Hans Greimel, the Asia editor of Automotive News said Saikawa was 'leveraging this malfeasance as an opportunity to take stronger oversight over Nissan'.


'This clears the way for Saikawa to put his own stamp on the company and blaze a new direction,' he added. 


Ghosn has long been a major player in the car industry and is credited with resurrecting the once-troubled Nissan, which he allied with Mitsubishi and Renault.


In the beginning, debt-laden Nissan was the weak link but the manufacturer was reborn at the cost of severe restructuring under the auspices of guru Ghosn.


Now its solid financial results are to thank for significant contributions to its French counterpart, which has reportedly caused Japanese employees to fume.


Renault currently owns 43 percent of Nissan, while Nissan only owns 15 percent of Renault.


The divisions were accentuated in 2015, after the French state temporarily raised its stake in Renault - a move that had revived concern within Nissan.


'This could be a coup d'etat that had been planned in a bid to reject a Renault-initiated business integration with Nissan,' said Nobutaka Kazama, an expert on corporate governance at Meiji University in Tokyo.


'I think the intention to remove Ghosn and revise the alliance to one led by Nissan is clearly in the works.'


Nissan's Saikawa said the allegations against Ghosn were uncovered following a months-long investigation sparked by a whistleblower and accused the titan of accruing too much power.


Although he insisted the partnership among the three manufacturers 'will not be affected by this event,' analysts predict he may take the chance to loosen Nissan's involvement in the alliance.


'It does seem on the outside that there is a kind of frustration and concern. Nissan wants to be independent,' Christopher Richer, CLSA automotive analyst, said of Saikawa's comments. 


https://textbacklinkexchanges.com/category/the-sun-world/
https://textbacklinkexchanges.com/inside-nissan-chairmans-2-7m-penthouse-apartment-raided-by-police/
News Pictures Inside Nissan chairman's £2.7m penthouse apartment raided by police

You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!

TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st

To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.

Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”

Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”

kim cattrall

Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb

SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.

Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
https://i.dailymail.co.uk/1s/2018/11/20/10/6418716-6408931-image-m-62_1542709450712.jpg

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