Former Top Prosecutor Takes On Ghosn Defense

Former Top Prosecutor Takes On Ghosn Defense 2
Former Top Prosecutor Takes On Ghosn Defense 3

A former top prosecutor has been hired by the former Nissan Chairman Caros Ghosn to help defend him against fraud charges.

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The Special Investigation Department of the Tokyo District Public Prosecutors Office arrested Ghosn on Nov. 19 on suspicion of under-reporting his income in Nissan’s securities reports. Ghosn has now hired the former director of the department, Motonari Otsuru, (left) to defend him.

The Financial Times reported that Otsuru had spent part of his career taking down the internet entrepreneur Takafumi Horie and shareholder activist king Yoshiaki Murakami, Mr Otsuru knows the tactics and weaponry the prosecutors have at their disposal.

If the prosecutors were so energetically pursuing Mr Ghosn over falsifying company securities reports, said legal scholars, why had they not prosecuted a single Toshiba executive over the admission that it fraudulently doctored seven years’ worth of filings?, the FT reprot said.

On Nov. 20, Laurent Pic, the French ambassador to Japan, also met Ghosn, who is still chairman of French carmaker Renault SA, a business partner of Nissan.

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