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By Theo Leggett
image captionThe downfall of Carlos Ghosn made headlines around the world
It was a web of intrigue which led to the arrest and subsequent dramatic escape of one of the world s best-known company bosses.
The spectacular downfall of the former Nissan chairman Carlos Ghosn in late 2018 made headlines on front pages around the world, as did his audacious escape from Japan more than a year later.
Throughout the affair, Ravinder Passi had a grandstand seat. As Nissan s top global lawyer he was a witness to a corporate meltdown that he describes as the lunatics taking over the asylum .
Nissan executive Hari Nada s great escape
Japanese prosecutors, Hari Nada wrote in a note, were “seriously considering a criminal charge” against him as part of an investigation that would soon lead to the indictment of Carlos Ghosn. New York Times
Source: Reuters
It was the fall of 2018, and Hari Nada, a high-powered Nissan executive, was afraid he might be headed to jail.
Japanese prosecutors, Nada wrote in a note, were “seriously considering a criminal charge” against him as part of an investigation that would soon lead to the indictment of Carlos Ghosn, Nissan’s larger-than-life leader.
Nada had been instrumental in carrying out the financial maneuvers under investigation. He had also been instrumental in taking evidence of those maneuvers to the authorities in a secret effort to oust Ghosn.
https://www.nytimes.com/2021/01/31/business/nissan-carlos-ghosn-hari-nada.html
Nissan’s headquarters in Yokohama, Japan.Credit.Noriko Hayashi for The New York Times
How a High-Ranking Nissan Executive Escaped His Own Trap
Hari Nada helped bring down his boss, Carlos Ghosn. In the process, he nearly met his own downfall. But with shrewd maneuvering and the protection of high-ranking allies, he survived and thrived.
Nissan’s headquarters in Yokohama, Japan.Credit.Noriko Hayashi for The New York Times
Published Jan. 31, 2021Updated Feb. 1, 2021
TOKYO It was the fall of 2018, and Hari Nada, a high-powered Nissan executive, was afraid he might be headed to jail.
Nada has escaped prosecution for his role in one of the biggest corporate scandals in years. He remains an influential executive at Nissan, surviving a shake-up that destroyed other top executives careers and rocked a globe-spanning auto alliance.