Bloomberg

Nissan CEO who oversaw Ghosn's downfall testifies in court

Hiroto Saikawa, former president and chief executive officer of Nissan Motor Co., in Tokyo on Jan. 9, 2020. Foto: Bloomberg/Toru Hanai

Former Nissan Motor Co. Chief Executive Officer Hiroto Saikawa told a Tokyo court that he agreed that former Chairman Carlos Ghosn should have been paid more to prevent him from going to a rival automaker.

Greg Kelly, the former Nissan director who was arrested on the same day as Ghosn in November 2018, is standing trial for allegedly helping the former chairman of Nissan and its alliance with Renault and Mitsubishi Motors Corp. understate tens of millions of dollars in compensation. Saikawa took the stand Wednesday to testify about his role in the events leading to the arrests more than two years ago, which triggered turmoil within the carmaker and later led to his escape from Japan and life as a fugitive in Lebanon...

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