Carlos Ghosn interview: fugitive tycoon on his new life in Lebanon after fleeing Japan


Jamie Prentis
  • English
  • Arabic

Carlos Ghosn was famed for his intense work ethic at the helm of three of the largest automotive companies in the world.

But that lifestyle, and its punishing travel schedule, came to an abrupt halt in 2018 when he was detained in Japan amid accusations of financial irregularities at Nissan – before he was famously smuggled out in a music equipment box while awaiting trial in late 2019.

His final destination was Lebanon, the country where he spent much of his childhood.

“I always loved Lebanon, I always maintained contact with Lebanon. Not as a country where I would work, but certainly as a country where I have friends, part of my family. I really enjoy the beautiful landscape, the food and the warmth of the people,” Mr Ghosn, who holds Lebanese, Brazilian and French citizenship, said.

“This being said, I travelled so much in my life,” he told The National, adding that he was now in a period of “forced rest”.

“I’m enjoying it. The fact that I don’t have any more jet lags, I have a very stable time of sleeping, eating. I see the people I want to see, not the people I have to see. All of this is a new world for me,” Mr Ghosn said.

“I lived 40 years in the corporate world, where you are used to completely different standards. So yes, I miss some things. But I’m enjoying a lot of new things that are happening in my life.”

Mr Ghosn vehemently rejects the accusations levied against him, which include allegations he under-reported his earnings and misappropriated company funds. He has not left Lebanon since his remarkable escape and Lebanese judge issued a travel ban against him in early 2020.

He has, however, not stayed still, as an upbeat Mr Ghosn told The National at an office in Beirut.

“I work at a university, I’m giving a seminar on management on performance. I'm writing new books, participating in movies, I'm helping a lot of start-ups in development.

“I think one of the big opportunities for Lebanon is to use the intelligence, the talent and the education of its people to just get out of the problems that it is facing today.

Carlos Ghosn poses with his development team at a car unveiling in 2001.
Carlos Ghosn poses with his development team at a car unveiling in 2001.

“That's why guiding, helping [and] investing in start-ups is one of the best ways to help young people turn around the country or contribute to the country,” he said, wearing a light blue shirt - in contrast to the suit and tie he was typically seen in during his time at Nissan.

Mr Ghosn recently filed a lawsuit of more than $1 billion against Nissan in a Lebanese court for – among other things – defamation, breaching the sanctity of his residence and fabricating charges that led to his detention in Japan.

Asked what he would do with the money if he won, Mr Ghosn said part would be used to support Lebanon.

“There are a lot of needs here. Not only in terms of supporting start-ups and employment, but also supporting education,” he said.

“But also to recover a big part of what has been taken directly and indirectly from me. They didn't pay the retirement, they took all the stock options,” Mr Ghosn said, naming a couple of the things he accused Nissan of taking from him.

Nissan has not commented since the lawsuit was launched.

Mr Ghosn’s escape is as famous as it is dramatic. After repeatedly being detained before then being bailed, he had lost any faith in the Japanese justice system and describes it as being rigged.

With the help of private security contractors, including a former US Special Forces operator, he was smuggled in a musical equipment box on to a private jet before arriving in Beirut via Turkey.

“The most scary part of the escape is that it would fail. Everything else was OK. My big fear, frankly, was failure, that hope would be eliminated completely,” he said.

“Because what the Japanese had prepared for me is a slow death through a very, very lengthy trial.

“And this is what is shocking, you know, you dedicate 20 years of your life to resuscitate a Japanese company, which becomes one of the major companies in Japan. And you're being rewarded like this?”

But there is still an affection for Japan and its people, even if not for some of his former colleagues.

“I like Japan, I have lots of Japanese friends. It's part of my life, I spent 20 years. It's not because of the behaviours of some thugs both inside and outside Nissan that I'm going to hate a country that is part of my life.”

Even as Lebanon languishes in one of the worst economic crises in modern history, do not, however, expect him to suddenly enter into the political world.

“No, it’s not in my space,” he said, when asked if he would ever have political ambitions.

“I’m a little bit the contrary of a politician, I'm more of a straightforward guy. I like to take jobs, to fix things – not fake fixing them. But I will help politicians into turning around the situation, if they were asking.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The specs

Price, base / as tested Dh135,000

Engine 1.6L turbo

Gearbox Six speed automatic with manual and sports mode

Power 165hp @ 6,000rpm

Torque 240Nm @ 1,400rpm 0-100kph: 9.2 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

The specs

Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

Price: From Dh750k

On sale: via special order

Groom and Two Brides

Director: Elie Samaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Men's football draw

Group A: UAE, Spain, South Africa, Jamaica

Group B: Bangladesh, Serbia, Korea

Group C: Bharat, Denmark, Kenya, USA

Group D: Oman, Austria, Rwanda

Britain's travel restrictions
  • A negative test 2 days before flying
  • Complete passenger locator form
  • Book a post-arrival PCR test
  • Double-vaccinated must self-isolate
  • 11 countries on red list quarantine

     
Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

Result
Qualifier: Islamabad United beat Karachi Kings by eight wickets

Fixtures
Tuesday, Lahore: Eliminator 1 - Peshawar Zalmi v Quetta Gladiators
Wednesday, Lahore: Eliminator 2 – Karachi Kings v Winner of Eliminator 1
Sunday, Karachi: Final – Islamabad United v Winner of Eliminator 2

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

Black Panther
Dir: Ryan Coogler
Starring: Chadwick Boseman, Michael B Jordan, Lupita Nyong'o
Five stars

The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

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EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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