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TOKYO – The arrest of former Nissan Motor Co. Chairman Carlos Ghosn came after a largely illustrious history at the company. Some key dates from Ghosn’s two decades at Nissan and the current criminal case against him:
June 1999: Ghosn becomes chief operating officer at Nissan, sent in by French alliance partner Renault SA, to save the Japanese automaker from near-bankruptcy.
June 2000: Ghosn becomes president of Nissan.
May 2005: Ghosn becomes chief executive at Renault.
May 2016: Nissan forms alliance with Mitsubishi Motors, with Ghosn becoming chairman at Mitsubishi a few months later.
April 2017: Ghosn hands over presidency and chief executive post at Nissan to Hiroto Saikawa. Ghosn stays on as Nissan chairman.
Nov. 19, 2018: Ghosn is arrested by Tokyo prosecutors as he lands in Japan on his private jet on suspicion of violating financial laws.
Nov. 22, 2018: Nissan dismisses Ghosn as chairman.
Nov. 26, 2018: Mitsubishi dismisses Ghosn as chairman.
Dec. 10, 2018: Ghosn is charged with violating financial laws for allegedly falsifying financial reports and under-reporting his compensation.
Jan. 11, 2019: Ghosn is charged with breach of trust for allegedly having Nissan temporarily shoulder his personal investment losses and in making payments to a Saudi businessman.
Jan. 15 and 22, 2019: Tokyo court turns down Ghosn’s bail request twice.
Jan. 25, 2019: Renault names Jean-Dominique Senard of Michelin as chairman and Renault executive Thierry Bollore as CEO. Ghosn held both positions but resigned.
Feb. 13, 2019: Ghosn taps as his new defence lawyer Junichiro Hironaka, famous for winning acquittals in Japan, where the conviction rate is 99 per cent.
Feb. 28, 2019: Hironaka’s team requests Ghosn’s release on bail.
March 6, 2019: A court approves the bail request. Ghosn posts bail of 1 billion yen ($8.9 million) and is released from detention.
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