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In November 2008, Ghosn, the former chairman of Nissan, was arrested by the Tokyo District Attorney's Special search Department on suspicion of underreporting about 9 billion yen in salary. After that, Ghosn was arrested for the second and third time on different charges, during which time Ghosn was extended several times. After three arrests, Ghosn was finally released on bail on March 6, when Ghosn had been detained for 108 days. Ghosn was arrested for the fourth time in Japan on April 4, local time.

In the fourth arrest, prosecutors threw out three indictments against Ghosn, including two suspected of falsifying tens of millions of dollars in deferred compensation and the other suspected of breach of trust. It is understood that if convicted, Ghosn will face up to 15 years in prison.

On April 3, the day before his arrest, Mr Ghosn made a video to prove his innocence and attacked Nissan's current management, saying they had made a mess of the business and then staged a dastardly coup to bring him down to save the "black hats" on their heads.

Ghosn's defense lawyer held a news conference on April 9 to release Ghosn's manifesto recorded before his re-arrest, in which Ghosn stressed his innocence and expressed his love for Nissan and Japan as always.

"if you see this video, I've been caught again." According to him, Nissan plotted a coup against him and stabbed him in the back out of fear of a merger. Without him, Nissan might not have been an independent brand.

"obviously, I'm referring to a handful of executives who have created a lot of evidence of stigmatization for their own interests and fears, and you should know who they are." "I'm talking about scumbags who play dirty games," Ghosn said. " In addition, Ghosn also expressed concern about the future of Renault-Nissan-Mitsubishi alliance. "I'm worried that Nissan's performance is declining, and I'm also worried that the alliance doesn't have a common vision," Ghosn said.

Frankly speaking, it is unrealistic to have a consensus on decision-making at the conference table in the highly competitive auto industry. Instead of reaching an agreement, you need to lead from time to time and do what is good for the company. This is not dictatorship, this is leadership. "

After Ghosn's video was released, Nissan issued a statement saying, "the only reason for this series of incidents is that Ghosn is suspected of financial misconduct." Nissan said: "in addition to criminal cases, Nissan has also found a large number of internal investigations that Ghosn has evidence of obvious immoral behaviour and that evidence related to Ghosn's misconduct continues to emerge. The company's focus now is to address management deficiencies and put an end to similar incidents."

Ghosn's wife, Carol Ghosn, expressed helpless anger in the French media on April 7. She declared that everyone stood idly by her husband, which disgusted her. "all people, including business owners, abandoned him because they were timid, which made me sick to my stomach."

On April 8, Nissan Motor Company of Japan held an interim shareholders' meeting in Tokyo, which decided to remove Ghosn from his post as a director, which meant that Ghosn lost all his positions at Nissan. After Ghosn's arrest last November, Nissan dismissed Ghosn as chairman.

After Ghosn resigned as chairman and chief executive of Renault, he thought it was natural for Nishikawa to take over as CEO, but that was not the case. In January, Nishikawa had already said he would resign as chief executive.

It was also reported that at a recent meeting, some Nissan shareholders asked Chief Executive Hiroshi Nishikawa to resign, and Nissan shareholders had the opportunity to express their concerns to management for the first time since Mr. Ghosn's sudden arrest in Japan in November.

Ghosn's deeds are well-known in the industry, known as the "cost killer". From 1991 to 1999, Nissan lost money for seven years in a row, with debts as high as 129.3 billion yuan. Renault came to the rescue during this period, and after Ghosn took over, it took less than two years to bring Nissan back to life, turning losses into profits and becoming the highest interest rate car company in the world. It can be said that without the leadership of Ghosn, there would be no Nissan today.

Renault is Nissan's largest shareholder, with a 43.4% stake. The French government owns 15 per cent of Renault and is Renault's largest shareholder. It is said that under the leadership of Ghosn, Renault is implementing operational integration with Nissan, that is, an alliance merger, but Nissan's board of directors expressed firm opposition.

In recent years, Nissan's car business has been booming, while Renault has been in decline. For Nissan, as the main contributor to Renault's alliance revenue, it has been manipulated by Renault, which is somewhat unwilling. But Renault owns 43.4% of Nissan and can appoint executives, while Nissan has only 15% of Renault and still has no voting shares.

In the past two years, under the leadership of Ghosn, there are signs of further merger between Renault and Nissan, so Ghosn's arrest is also interpreted as Nissan's "resistance". The video revealed by Ghosn's re-arrest also admitted that the alliance's next step of integration and merger intention, prior to Kyodo news agency quoted insiders reported that Ghosn is likely to formally launch negotiations for a coalition merger as soon as this year. But it is clear that Nissan does not want this, which makes the truth of Ghosn's arrest more complicated and confusing.

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