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| Carlos Ghosn insists he is innocent over fraud charge 'plot' – business live | |
| (32 minutes later) | |
| Rolling coverage of the latest economic and financial news | Rolling coverage of the latest economic and financial news |
| After two and half hours, Carlos Ghosn’s press conference is ending as it began, with the former car chief insisting he is innocent. | After two and half hours, Carlos Ghosn’s press conference is ending as it began, with the former car chief insisting he is innocent. |
| If I’d had any hope of a fair trial, I’d never have fled, he says. | If I’d had any hope of a fair trial, I’d never have fled, he says. |
| He also criticises prosecutors for issuing an arrest warrant for his wife Carole, for allegedly giving false information. Why do that nine months afterwards? | He also criticises prosecutors for issuing an arrest warrant for his wife Carole, for allegedly giving false information. Why do that nine months afterwards? |
| And with that, he’s finished. | And with that, he’s finished. |
| Q: Are you the Dreyfus of Lebanon? | Q: Are you the Dreyfus of Lebanon? |
| Ghosn says he doesn’t understand the reference (to Alfred Dreyfus, the French captain, who was wrongly convicted of passing military secrets to Germany). | Ghosn says he doesn’t understand the reference (to Alfred Dreyfus, the French captain, who was wrongly convicted of passing military secrets to Germany). |
| Q: It means are you a victim? | Q: It means are you a victim? |
| Yes I am, says Ghosn firmly. He says that several law professors say they cannot understand why he was arrested, especially as some of the alleged financial misconduct refers to money that wasn’t even paid out. | Yes I am, says Ghosn firmly. He says that several law professors say they cannot understand why he was arrested, especially as some of the alleged financial misconduct refers to money that wasn’t even paid out. |
| Q: What were your emotions during your escape? | Q: What were your emotions during your escape? |
| Ghosn says he was numb, from the start of the drama until he met his wife Carole in her parents’ home in the Lebanon. | Ghosn says he was numb, from the start of the drama until he met his wife Carole in her parents’ home in the Lebanon. |
| Q: Would you recommend a packing case as a mode of travel? | Q: Would you recommend a packing case as a mode of travel? |
| Ghosn breaks into a grin, but won’t confirm that rumour that he was smuggled out of Japan in a large box. | Ghosn breaks into a grin, but won’t confirm that rumour that he was smuggled out of Japan in a large box. |
| Q: Can the Nissan-Renault-Mitsubishi alliance succeed without you? | Q: Can the Nissan-Renault-Mitsubishi alliance succeed without you? |
| Yes, says Ghosn modestly - but it needs to follow some rules. | Yes, says Ghosn modestly - but it needs to follow some rules. |
| Ghosn says he is ready to answer questions from the French authorities, who last year launched an inquiry into his wealth. | Ghosn says he is ready to answer questions from the French authorities, who last year launched an inquiry into his wealth. |
| Incidentally, the much-pined-after Carole Ghosn is attending today’s press conference, supporting her man. | Incidentally, the much-pined-after Carole Ghosn is attending today’s press conference, supporting her man. |
| Associated Press asks Ghosn what triggered his decision to escape Japan. | Associated Press asks Ghosn what triggered his decision to escape Japan. |
| Ghosn says there were two factors. First, the Tokyo prosecutor kept postponing his trial, saying it wouldn’t begin until 2021. | Ghosn says there were two factors. First, the Tokyo prosecutor kept postponing his trial, saying it wouldn’t begin until 2021. |
| Second, he missed his wife Carole, telling reporters that: | Second, he missed his wife Carole, telling reporters that: |
| How sweet. And yet, how rude! | How sweet. And yet, how rude! |
| Channel Four asks Ghosn about the damage to his reputation: | Channel Four asks Ghosn about the damage to his reputation: |
| Q: Won’t people say that ‘if a man escapes from a trial in a box there’s no smoke without fire’? | Q: Won’t people say that ‘if a man escapes from a trial in a box there’s no smoke without fire’? |
| Ghosn won’t be lured into confirming the details of his escape. He says many lies have been told about him, and repeats that he wants a fair trial over the claims of financial misconduct. | Ghosn won’t be lured into confirming the details of his escape. He says many lies have been told about him, and repeats that he wants a fair trial over the claims of financial misconduct. |
| Ghosn has reiterated that he had talked to Fiat-Chrysler about a possible merger with Renault, but the deal floundered after his arrest (allowing Peugeot to swoop in instead). | Ghosn has reiterated that he had talked to Fiat-Chrysler about a possible merger with Renault, but the deal floundered after his arrest (allowing Peugeot to swoop in instead). |
| Curiously, Ghosn denies that he resigned from Renault, saying such reports are a “travesty”. | Curiously, Ghosn denies that he resigned from Renault, saying such reports are a “travesty”. |
| That’s odd, as France’s finance minister Bruno Le Maire announced a year ago that Ghosn had quit as Renault’s chairman and CEO. | That’s odd, as France’s finance minister Bruno Le Maire announced a year ago that Ghosn had quit as Renault’s chairman and CEO. |
| Renault also announced that he had resigned both roles, but remained as a director. | Renault also announced that he had resigned both roles, but remained as a director. |