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Disgraced Ex-Nissan CEO Ordered to Return Luxury Yacht
Once a highly regarded executive credited with a successful run at the helm of the Renault-Nissan Alliance, Ghosn was arrested in Japan in 2018 and accused of misappropriating company funds and violating securities laws. After posting bail and being put under house arrest, he famously escaped Japan in a wooden box, fleeing to the relative safety of Lebanon, where he is a citizen and unlikely to be extradited.
Still, Ghosn isn’t entirely insulated from the long arm of the law. Recent reports detail what Nissan says are efforts it has undertaken to “recover damages suffered due to Carlos Ghosn’s misconduct” and in the latest case, it appears the company can claw back a luxury yacht.
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