japan: Speaking at a news conference Wednesday, Junichiro Hironaka said as with the world closely watching developments in the case, he is concerned it could signal that Japan is unpredictable and excessive in what it allows authorities to do to individuals, in terms of conducting business. ; For the rest of the world I think the case could leave the shocking impression that in Japan, even in a matter that should be discussed and handled internally by a company, such proceedings could turn into a criminal case and one could be detained out of the blue, Hironaka told reporters at his first media appearance since his appointment, according to The Japan Times. This is a significant problem for Japanese businesses, he said. Chairman Carlos Ghosn could damage Japan's reputation as a place to do business, according to the veteran lawyer leading his defense team who maintains he is certain his client is innocent. On Nov. 19, the Tokyo District Public Prosecutor's Office arrested the 64-year-old Brazilian-born French auto executive when he arrived at Haneda airport, on suspicion of underreporting his income. Issues that needed to be dealt with internally have somehow been brought to prosecutors. The prosecutors subsequently arrested him again on two additional counts of financial misconduct, including allegedly understating his income on a different occasion and aggravated breach of trust for the alleged transfer of private investment losses to Nissan during the global financial crisis in 2008.
(news.financializer.com). As
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