Carlos Ghosn, the executive whose shocking arrest in Japan ended a more than two-decade run overseeing two of the world’s largest automakers, left the country where he’s awaited trial and is now in Lebanon, according to people familiar with the matter. The person said he fled Japan, where he has been under house arrest since April. Ghosn was facing trial in Japan for alleged financial misconduct at Nissan. Japanese prosecutors and the US Securities and Exchange Commission both claim he and Nissan violated pay-disclosure rules by being compensated $140 million more than the company reported to shareholders. Ghosn fled Japan because he doesn’t believe he will get a fair trial in the country, said one of the people familiar with the matter.

Source: Mint December 31, 2019 00:22 UTC