Ghosn fled to Lebanon, his childhood home, while he was awaiting trial on charges of under-reporting earnings, breach of trust and misappropriation of company funds, all of which he denies.
The Tokyo Detention House where Ghson was held. Credit:Bloomberg
US legal papers recount the details of Ghosn’s escape including his departure from Japan hidden in a large black box aboard a private jet.
The Japanese embassy in Washington and Nissan did not immediately comment. A representative for Ghosn declined to comment.
Federal prosecutors asked the judge to order both men detained. “The very offence for which Michael Taylor is charged in Japan demonstrates his aptitude for hatching escape plans on a grand scale and his blatant disrespect for bond conditions,” they said in a court filing.
Earlier this month, Turkish prosecutors prepared an indictment charging seven people, including four pilots, over Ghosn’s escape via Istanbul to Beirut.
Former Nissan chairman Carlos Ghosn.Credit:AP
US law enforcement learned Peter Taylor had booked a flight from Boston to Beirut departing Wednesday with a layover in London. He was arrested as was Michael Taylor in Harvard, Massachusetts.
In September, Nissan and Ghosn settled US Securities and Exchange Commission (SEC) claims over false financial disclosures related to Ghosn’s compensation.
The SEC said in total Nissan in its financial disclosures omitted more than $US140 million ($212 million) to be paid to Ghosn in retirement — a sum that ultimately was not paid. Nissan paid $US15 million and Ghosn $US1 million to resolve the investigation. Ghosn also agreed to a 10-year ban from serving as an officer or director of a publicly traded U.S. company.
The SEC also said Ghosn engaged in a scheme to conceal more than $US90 million of compensation. Nissan sued Ghosn in February seeking about $US90 million.
The SEC said beginning in 2004 Nissan’s board delegated to Ghosn the authority to set individual director and executive compensation levels, including his own. “Ghosn and his subordinates, including Kelly, crafted various ways to structure payment of the undisclosed compensation after Ghosn’s retirement,” the agency added.
Reuters
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