Editor? |? Jane (female name)

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Greg Kelly, former director of Nissan Motor Company? Kelly) in the criminal trial, the testimony painted such a picture-Nissan car manager in order to avoid arousing the Japanese public to Carlos Ghosn? Ghosn) ultra-high salary condemnation and anger, at the risk. ?

According to official testimony, Nissan executives, including a former vice chairman and a former co-chairman, racked their brains and came up with various schemes to avoid embarrassment caused by disclosing Ghosn's full salary. Because in Japan, most people's wages are much lower than Ghosn's.

Moreover, fearing that his salary is too high relative to his subordinates, Ghosn even ordered some subordinates to be given special bonuses, so that Ghosn's salary would not be too conspicuous.

Is this statement just Toshihiko? One of the testimonies that Ohuma gave to the prosecutor of the Tokyo District Court. Junshu? Ohuma is the main witness in Kelly's case, and Kelly is accused of conspiring with Ghosn to conceal the deferred salary paid to the latter of more than $80 million.

Ohuma testified in court for the first time in September this year, and it is expected that she will testify at any time before 65438+February. He said that he participated in seeking the payment plan of Ghosn's salary in a complicated background, and finally helped to establish a deferred salary plan, which the prosecution believed violated the law.

In the opening statement on September 15, 64-year-old Kelly refused to plead guilty, but he never had a chance to prove it. He may not have a chance to defend himself in court until next May.

Kelly and Ghosn were arrested 20 18 1 1. Both denied the allegations of the Japanese prosecutor. At the end of last year, Ghosn fled Japan for Beirut, Lebanon, where he could avoid being extradited by Japan. Nine months after fleeing to Beirut, Ghosn started a university business project in Lebanon, which plans to provide training for enterprise executives and technical training for start-ups to help them create employment opportunities for society.

0 1.

This is a team work.

Otuma claims that he has cooperated with Ghosn for several years and concealed about half of Ghosn's annual salary in different ways. Ohuma said Kelly was one of several executives involved in the case.

It is said that other people involved in the case include Itaru, former co-chairman of Nissan Motor Company? Koeda and former vice chairman Toshiyuki? Shiga, and Arun, the head of the human resources department? Bajaj and Hari Nada (Hari? Besides, there are a group of small characters, such as office assistants, who spend a lot of time on specific details. Otuma said that the former CEO was wide-ranging? Saikawa) also signed Ghosn's salary document.

Otuma, Nada and the prosecution reached a plea bargain to protect themselves from possible prosecution. The prosecution did not explain why the others mentioned in the testimony were not prosecuted.

"According to the details and contents of the evidence, our prosecutor prosecuted those who were considered capable of prosecution." Deputy Attorney General Hongzhi? Earlier this month, Yamamoto said, "As for why there are still people who have not been prosecuted, it is related to our assessment of the facts based on the contents of the evidence, so I will not talk about this issue here."

02.

Huge bonus

According to the prosecution, Ghosn's subordinates hastily concealed Ghosn's salary from 20 10. Because starting from 20 10, the Japanese government changed the previous company declaration regulations, requiring executives with annual salary exceeding 654.38 billion yen (948,000 US dollars) to disclose their personal remuneration. At that time, Ghosn had been criticized for occupying the highest salary in Japan for a long time. At that time, he was eager to avoid public criticism.

According to Ohuma, Ghosn's annual salary was about $6.5438+0.52 million, and his initial goal was to reduce the publicly disclosed salary to about $8.5 million. Ohuma thinks that this amount will be more in line with the Japanese psychological orientation.

But Ghosn also faces another problem. In 20 10, the income of three senior executives of Nissan Motor Company reached the standard of public personal compensation. Coincidentally, none of these three people happened to be Japanese: Ghosn, then chairman of Nissan North America, and now chairman of PSA Group Carlos Carlos Tavares (? Tavares), and Colin, then chief performance officer of Nissan? Dodge.

According to Ohnuma, Ghosn thinks this reality is embarrassing because no Japanese executive's salary meets the disclosure standards. This looks terrible. Therefore, after careful consideration, Ghosn decided to give special bonuses to three Japanese executives, including Hirohito Nishikawa, who later became CEO of Nissan. These sudden "foreign money" made these Japanese executives cross the threshold of salary disclosure in one fell swoop.

"Once this new salary disclosure system is introduced, Japanese employees will know the directors' salaries like the back of their hands," Ohuma said. Some people worry that this may lead to complaints-although every employee works hard, only non-Japanese directors are paid more. Therefore, Mr Ghosn temporarily decided to pay this extra salary to Japanese executives. "

According to his testimony, since that year, he and other Nissan executives have tried their best to achieve this situation: on the one hand, they paid Ghosn an open salary acceptable to the public; On the other hand, efforts are made to ensure that Ghosn can still receive unpaid money through other undisclosed channels.

These schemes include paying Ghosn's residual salary through RNBV, a subsidiary of Renault Group and Nissan in the Netherlands, paying funds through Zi-A, a subsidiary of Nissan in the Netherlands and Dubai, and compensating Ghosn through long-term incentive plans.

Otuma said that some people are worried that transferring the funds of these subsidiaries to Ghosn alone will cause suspicion. So Otuma came up with the idea of creating a "virtual" account, so it seems that many parties have been paid.

He said that Zi-A, a subsidiary of Nissan Motor Company in the Netherlands and Dubai, is a "leather bag company" established by Nada with only one office. The main purpose of this subsidiary is to pay such money.

He also said that in a special memo, he kept providing Ghosn with the latest situation.

"Finally, Kelly and his team decided not to adopt these schemes," Otuma said. There are various reasons, but most people think that such payments must also be reported or made public.

Otuma said that Ghosn finally chose a plan, that is, the annual undisclosed amount was paid to Ghosn as a "deferred payment" after his retirement. As for how to implement such a plan, ideas include paying as consulting fees after retirement, or as long-term incentives or as non-competition clauses.

At present, whether this amount is determined and finally reached will be the key to the trial debate and Kelly's participation.

03.

Key witness in court

Jun Shu, a key witness in the Greg Kelly case? Otuma admitted in court that in order not to disclose Ghosn's real salary, he had explored various ways to pay Ghosn's salary. Kelly, an American and former Nissan executive, was accused of helping Ghosn hide tens of millions of dollars in deferred pay.

Ohuma is the head of Nissan Motor Secretariat under Ghosn's leadership. Ohuma testified in court on September 29th, becoming the first witness against Kelly. Otuma's testimony is regarded as the key to the case that the prosecutor accused Kelly, because Otuma claimed to know everything about financial misconduct.

At least two employees of Nissan accepted plea bargaining to avoid being sued. Otuma is one of them. In exchange, he will testify against Kelly and Ghosn. Ghosn was charged with the same crime as Kelly, but he was not tried because he jumped bail in February 20 19 and fled to Lebanon.

Kelly, a senior human resources manager from Nissan USA, became a director of Nissan's global board of directors and became Ghosn's new right-hand man. He was accused of being the mastermind of Ghosn's concealment of salary, concealing Ghosn's delayed salary of $80 million in fiscal year 20 10-20 17, which led to this part of salary not being truthfully disclosed to Nissan's public financial documents.

Kelly denied these allegations, saying that Nissan only increased Ghosn's salary through legal means to prevent him from jumping ship to a competitor. The trial is expected to last until next July. If convicted, Kelly may face up to 15 years in prison.

Ohuma said in his first testimony that one of his duties was to try to hide the money.

"Ghosn's reward has two parts: one part has been confirmed and paid, and the other part has not been paid. We have studied various schemes to achieve the purpose of paying this unpaid amount to Ghosn without disclosure. " Otuma confessed in court. At this point, Kelly sat quietly in the dock and listened.

Ohuma went on to say that from September 20, 2007 to March 20, 2007, he was the head of Nissan Motor Secretariat. The secretariat is small, but it is responsible for supervising the remuneration, expenses, welfare and personnel issues of directors, managers and auditors of the company.

From March 3, 2065438 to April 4, 2065438, Kelly was in charge of Nissan's legal affairs, CEO's office, secretariat and human resources. His successor is Harinada (Harry? Nada), responsible for the duties of the secretariat, legal affairs and CEO office. Alan? Bajaj took over the human resources department. Nada is another executive mentioned above who accepted the plea agreement.

Ohuma's testimony will last until June, 2020 165438+ 10, but he doesn't know whether he successfully concealed Ghosn's deferred salary or explicitly involved Kelly.

Japanese prosecutors said in a public statement that they would produce documents and testimony to prove that Kelly and Ghosn reached an agreement on deferred payment, and did not disclose this amount according to law. Nissan was also sued as a commercial entity. Nissan Motor Company said it would not dispute these allegations.

On the evening of 2018165438+10 19, Ghosn and Kelly who just landed at Tokyo's Haneda Airport were arrested at the same time. Ghosn also faces two other charges of breach of trust, but he denies all the charges. Ghosn has always claimed that his arrest was part of the coup of Nissan Motor Company, with the aim of preventing further integration between Nissan Motor Company and its French partner Renault Group.

04.

Ghosn saved the country through business.

Carlos ghosn, a famous former chairman of Nissan Motor Co and Renault Group, fled Japan at the end of last year, escaped the upcoming trial and returned to his hometown of Lebanon. However, Lebanon is not at peace at present. Due to years of mismanagement and corruption, the country has fallen into a serious economic crisis.

Nine months after he fled to Beirut, Ghosn started a university business project in Lebanon, which will reorganize the business school of the private university, USEK in the northern part of the Lebanese capital.

Ghosn was widely praised for turning around the fortunes of Nissan and Renault, but he faced accusations of financial misconduct in Japan, which he denied. The business project plan announced by Ghosn provides training for corporate executives, technical training for start-ups and helps them create employment opportunities for society.

Ghosn found a place in Lebanon. However, due to the debts accumulated since the 1975- 1990 civil war, Lebanon's economy is facing collapse. The devastating explosion in Beirut on August 4th this year aggravated the disaster in that country.

"I am not interested in politics by nature, but I will use my time and energy to support Lebanon through this difficult period." Ghosn told Reuters before the university business project was officially launched.

Ghosn said at the press conference announcing the plan on September 29: "This is a problem related to employment, employment and entrepreneurs, as well as the role of society in national reconstruction."

Ghosn believes that the challenge facing Lebanon is to "restore confidence" rather than the lack of state-owned infrastructure, such as land and hydrocarbon resources.

What Lebanon needs now is to implement a rehabilitation plan. "If you regain your confidence, the economy will regain its vitality," he said. "If you have a good plan but you can't carry it out, you might as well go back to the original point."

After Ghosn arrived in Lebanon at the end of 65438+February last year, St. Espes's Rhys Casli University tried to contact Ghosn several times in a few weeks. Ghosn said that this business project aims to provide practical guidance. He will assist in supervision.

According to his experience, the focus of the executive program will be to help companies in trouble, companies struggling in a chaotic environment out of trouble, and how to make executives "realize their own value" in the company.

05.

Free course

Ghosn said that many international executives have agreed to offer free courses, such as Thierry, CEO of Jaguar Land Rover. Bolloré), former CEO of Renault Group and venture capital expert Raymond Debani (Raymond? Debbane).

These short courses are expected to target 65,438+05 managers in Lebanon and the Middle East.

Ghosn said: "I think the power of example is very important. This is a prerequisite for executives in a very competitive environment. " He added that during his tenure as president, Nissan's executive training program in Japan has been open to other companies.

The second project of St. Espris Casli University, funded by the executive program, will train people to master new technologies such as computer-aided design and artificial intelligence.

Ghosn said that Lebanese jewelry exporters will benefit from the software that helps design.

The third project will play the role of business incubator, and Ghosn intends to invest in two projects. "I'm interested in projects that have an impact on the environment," Ghosn said, citing an example of a project that turned sewage into fertilizer.

Ghosn is a Maronite priest in Talal, a Christian church? Persuaded by Hachem and his young team, they cooperated with Casri University in St. Espes's Rees.

Ghosn said that he chose Kasri University in St. Espes's Reese instead of a larger Lebanese university because he likes to cooperate with a university that can attract students from all walks of life, not just rich students.

"These students need help more than anyone else. Due to the current situation in the country, students and courses here have been disrupted. " He told Reuters. "I will help build the economy by helping to solve the problems that every Lebanese faces today."

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.