Ghosn accuses Nissan execs of 'backstabbing' plot

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Ghosn accuses Nissan execs of 'backstabbing' plot
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Carlos Ghosn has accused “backstabbing” Nissan executives of a “conspiracy” to have him arrested over fears he planned to merge the Japanese firm with France’s Renault.

Carlos Ghosn has accused “backstabbing” Nissan executives of a “conspiracy” to have him arrested over fears he planned to merge the Japanese firm with France’s Renault, in a video released Tuesday.

He denounced a “conspiracy” against him and said events had been “twisted in a way to paint a personage of greed, a personage of dictatorship.”He said the “conspiracy” was motivated by “a fear that the next step of the alliance in terms of convergence and in terms of moving towards a merger would in a certain way threaten some people or eventually threaten the autonomy of Nissan.”

They suspect around $5 million of these funds were siphoned off for Ghosn’s use, including for the purchase of a luxury yacht and financing personal investments. Ghosn is due to remain in detention until April 14, when prosecutors can apply to hold him for an additional 10 days. After that they must release him unless they bring charges or file new allegations.

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