Anonymous ID: 18a003 April 19, 2019, 5:15 p.m. No.6246016   🗄️.is đź”—kun

Carlos Ghosn to be indicted Monday on fresh charge of misusing Nissan funds

 

Prosecutors are ready to again indict former Nissan Motor Co. Chairman Carlos Ghosn on Monday for allegedly misusing company funds that were paid to a distributor in Oman, sources close to the matter said Friday.

 

Tokyo prosecutors arrested Ghosn for the fourth time on April 4 on allegations he channeled some of the funds to a bank account he effectively controlled, causing the automaker a $5 million loss. His arrest came less than a month after he was released on bail following 108 consecutive days in detention.

 

Monday will be the last day of his most recent detention period, approved by the Tokyo District Court, and is also the deadline for prosecutors to decide whether to indict or release him.

 

If indicted, Ghosn’s defense team will again request that he be released on bail, one of his lawyers said.

 

Ghosn has already been charged with breaking the financial instruments law by underreporting remuneration to regulators over a number of years, and with aggravated breach of trust in relation to the alleged transfer of private investment losses to Nissan.

 

Regarding the latest allegation, Ghosn’s wife, Carole, agreed to pretrial questioning by prosecutors on April 11 over suspicions the alleged transfer of Nissan funds to the Omani distributor ended with her company purchasing a luxury yacht worth ¥1.6 billion ($14 million) and a water scooter.

 

Ghosn has consistently denied all the allegations.

 

Ghosn lost his chairmanship posts at Nissan and partners Renault SA and Mitsubishi Motors Corp. during the prolonged detention initiated by his initial arrest in November.

https://www.japantimes.co.jp/news/2019/04/19/business/corporate-business/carlos-ghosn-indicted-monday-fresh-charge-misusing-nissan-funds-source/

(just put this fuck in jail and throw the key away)

Anonymous ID: 18a003 April 19, 2019, 5:26 p.m. No.6246130   🗄️.is đź”—kun   >>6231 >>6639

Kabul cancels Taliban meeting in Doha

KABUL: A major meeting between the Afghan Taliban and the government of Afghanistan was cancelled on Friday, after disagreements with the host nation, Qatar.

 

Afghan President Ashraf Ghani had announced the names of a 250-strong delegation to travel to Doha on Tuesday, to hold discussions with the militant group over ending the country’s 17-year conflict.

 

The trip was delayed on Thursday, however, before Ghani’s office declared it was off in a statement on Friday morning, following suggestions the Qatari government had rejected a number of members of the delegation at the last minute. An alternative list of delegates suggested by Doha “was not acceptable to the Afghan government,” leading it to pull out of the talks.

 

“The Qatari government sent a new list which was not balanced in terms of involvement of the people of Afghanistan … it was a disrespect to the national will of the Afghan people,” the statement said.

 

“Politicians meeting with President Ghani agreed that the act by the Qatari government is not acceptable, and the Doha conference was cancelled.”

 

The meeting would have been the first of its kind since the Taliban was ousted from power by a US-led coalition in 2001, and came amid pressure from Washington to find a diplomatic solution to hostilities. US President Donald Trump’s administration has ramped up tension in recent months by beginning the process of withdrawing troops from the country.

 

Talks in Qatar were initially proposed following repeated pushes by Zalmay Khalilzad, the US special representative for Afghan reconciliation, for an intra-Afghan meeting including Ghani’s government.

 

A number of closed-door talks between the Taliban and Khalilzad had previously been held in Doha, but representatives of Ghani’s government, at the request of the militants, were not invited.

 

“I’m disappointed Qatar’s intra-Afghan initiative has been delayed,” Khalilzad said on Twitter. “I urge all sides to seize the moment and put things back on track by agreeing to a participant list that speaks for all Afghans.”

 

The Taliban responded to the news in a statement, saying that it remained committed to peace talks in Doha, blaming Kabul for the failure of the meeting.

 

“The (Taliban) negotiation team … worked day and night, exercised self-restraint and showed flexibility to the highest level, but since the Kabul administration created obstacles to this effort, responsibility falls upon their shoulders,” the statement said.

http://www.arabnews.com/node/1484816/world

Anonymous ID: 18a003 April 19, 2019, 5:58 p.m. No.6246494   🗄️.is đź”—kun   >>6523 >>6639

Saudi Arabia-backed SoftBank fund to invest $333m in Uber

 

Toyota has already invested $500 million in Uber as the firm races a host of other companies to develop self-driving vehicles

Uber is the largest of the “unicorns” or venture-backed firms worth at least $1 billion to list on Wall Street

 

TOKYO: Japanese car giant Toyota and the Saudi Arabia-backed investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.

Toyota has already invested $500 million in Uber as the firm races Google-owned Waymo and a host of other companies, including major automakers, to develop self-driving vehicles.

The latest investment, which also involves Japanese parts maker DENSO, will go to Uber’s Advanced Technologies Group in a bid to “accelerate the development and commercialization of automated ridesharing,” the firms said in a statement.

Toyota and DENSO are stumping up $667 million and SoftBank Vision Fund, the investment arm of Japanese tycoon Masayoshi Son’s SoftBank, will pour $333 million into the venture.

Uber chief executive Dara Khosrowshahi said driverless cars would “transform transportation as we know it, making our streets safer and our cities more liveable.”

His firm is aiming to go beyond car rides to becoming the “Amazon of transportation” in a future where people share, instead of own, vehicles.

If all goes to plan, commuters could ride an e-scooter to a transit station, take a train, then grab an e-bike, share a ride or take an e-scooter at the arriving station to complete a journey — all using an Uber app on a smartphone.

Uber is also seeing growing success with an “Eats” service that lets drivers make money delivering meals ordered from restaurants.

 

The latest cash injection came a week after Uber filed official documents for its much-anticipated public share offering that is expected to be the largest in the tech sector for years.

Uber’s filing with the Securities and Exchange Commission said it operates on six continents with some 14 million trips per day and has totalled more than 10 billion rides since it was founded in 2010.

http://www.arabnews.com/node/1484746/business-economy

(running out of funding sources)