Can Carlos Ghosn beat the rap?
With a trial looming this year on charges of aggravated breach of trust and filing false statements to regulators regarding $80 million in deferred income, the former chairman of Nissan Motor Co. and Renault SA needs a new strategy. He’s lost two requests for bail and faces as many as 10 years in prison if convicted.
Confronting a Japanese legal system with a 99 per cent conviction rate, Ghosn overhauled his legal team last week. He replaced a group led by former local prosecutor Motonari Otsuru with one overseen by Junichiro Hironaka, who is known for