Where is Carlos Ghosn from Netflix’s Fugitive?

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If Unsolved Mysteries doesn’t provide enough true crime content, then arriving on Netflix this week is Fugitive: The Curious Case of Carlos Ghosn – a new documentary delving into the life of the former Nissan boss.

Ghosn, who was previously CEO of Michelin North America, Renault and Nissan as well as chairman of Mitsubishi, was arrested in 2018 on allegations of underreporting his salary and gross misuse of company assets.

He was released on bail, and in December 2019 the businessman fled Japan – where he was arrested – and became an internationally wanted fugitive.

As the documentary tells the true story of the crime through Ghosn’s closest aides and relatives, read on to find out everything you need to know about Carlos Ghosn and where he is now.

Who is Carlos Ghosn?

Carlos Ghosn is a businessman and fugitive who previously served as CEO of Michelin North America, Renault, Nissan and Chairman of Mitsubishi.

After starting his career at Michelin, Ghosn joined Renault in 1996 then Nissan in 1999 after the creation of the Renault-Nissan-Mitsubishi Alliance.

He stepped down as CEO of Nissan in April 2017 but remained chairman of the company. However, on November 19, 2018, he was arrested at Tokyo International Airport for allegedly underreporting his salary and grossly misusing company assets.

According to The Straits Times, Ghosn has been accused of understating his pay by nine billion yen (£53million) in financial documents for at least eight financial years, in part by deferring his pay until his retirement , which constitutes financial misconduct.

Prosecutors also alleged that he tried to transfer losses from two foreign exchange contracts onto Nissan’s books when the value of the yen soared during the 2008 financial crisis, but failed and then demanded a business acquaintance to provide the additional guarantees required by the banks before transferring. $14.7m (£12.7m) in Nissan money to this associate.

He was held at the Tokyo Detention House in Japan, which allows suspects to be held for up to 23 days without criminal charges being filed. On December 10, 2018, charges were laid against him and Greg Kelly – a Nissan executive and former head of human resources – for under-reporting deferred compensation, while two weeks later he was arrested again for that he was suspected of transferring personal losses of $16.6 to Nissan. m during the global financial crisis.

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In January 2019, Ghosn appeared in court to make his first public statement since the arrest, strongly denying the allegations against him.

The Straits Times reported that he said the figures were based on an internal reference he kept which came from job offers he had received from other companies, adding: “It didn’t have any no legal effect; it was never shared with the directors; and it never represented any kind of binding commitment.”

He also admitted to having entered into foreign exchange contracts as a hedge against fluctuations in the yen and decided to “request Nissan to temporarily take the guarantee, as long as it does not cost the company anything”.

“The foreign exchange contracts were then transferred to me without Nissan incurring any loss,” he said.

Meanwhile, Ghosn said the money he transferred to his associate whom he named a ‘longtime supporter and partner’ of the company, Khaled Juffali, was for the work he had done. for Nissan, adding that his company “was properly compensated – an amount disclosed and approved by appropriate Nissan officials” in return for “critical services” he provided to the company.

In January 2019, Nissan’s investigation allegedly revealed that Ghosn had received $8 million from a joint venture owned by Nissan and Mitsubishi in addition to his salary, unbeknownst to the directors of either company. , according to the Wall Street Journal.

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Ghosn resigned as chairman and CEO of Renault that month and in March 2019 was granted a bail request in the amount of 1 billion yen on the condition that he could not travel abroad. foreigner and that he must remain at his address under 24- hour camera surveillance and no internet access.

Ghosn was arrested again in April 2019 on new charges of embezzlement from Nissan, with the businessman describing the arrest as “outrageous and arbitrary” and “part of another attempt by certain individuals at Nissan to shut me up,” CNBC reported. He was released again at the end of April and placed under strict house arrest.

In September 2019, he was fined $1 million by the United States Securities and Exchange Commission for failing to disclose his salary, while Nissan was fined $15 million. He also accepted a 10-year ban on serving as an officer or director of a public company, Bloomberg reported.

In December 2019, Ghosn escaped from Japan and flew to Beirut in Lebanon, revealing in a statement that he “would no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination rampant and fundamental human rights flouted” (via The Guardian).

He was reportedly smuggled out of an Osaka hotel in a box by two men posing as musicians before being boarded on a private jet. He then allegedly swapped planes in Turkey and landed in Lebanon, which does not have an extradition treaty with Japan, according to BBC News.

Where is Carlos Ghosn now?

Carlos Ghosn is believed to still be living in Lebanon, where he has remained since fleeing Japan in 2019.

In January 2020, Ghosn – who has Lebanese, French and Brazilian nationality – held a press conference, saying he did not consider himself “a prisoner in Lebanon”.

“I prefer this prison to the one before,” he said, according to The Guardian. “I am ready to stay in Lebanon for a long time, but I will fight because I have to clear my name.”

That same month, Interpol issued a red notice for Ghosn, which asks police around the world to provisionally arrest a person pending extradition, surrender or similar legal action.

In February this year, Ghosn told French publication Le Parisien that he wanted to return to France but could not “at the moment” because of the Interpol arrest warrant.

In April 2022, France issued an international arrest warrant for the former Nissan boss over allegations of misuse of company assets, money laundering and corruption, according to The Guardian.

Fugitive hits Netflix on Wednesday, October 26. Sign up for Netflix from £6.99 per month. Netflix is ​​also available on Sky Glass and Virgin Media Stream.

Check out our TV guide or visit our Documentaries hub for the latest news.

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