Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Turkish court convicts executive, two jet pilots in Ghosn escape trial

Published 02/24/2021, 08:14 AM
Updated 02/24/2021, 10:50 AM
© Reuters. FILE PHOTO: Carlos Ghosn to unveil ambitions plan to help Lebanon economy

By Ezgi Erkoyun

ISTANBUL (Reuters) - A Turkish court convicted an executive of Turkish jet company MNG and two pilots for migrant smuggling over their role in flying former Nissan (OTC:NSANY) Motor Co Ltd Chairman Carlos Ghosn out of Japan during his escape to Lebanon just over a year ago.

The court sentenced them to four years and two months jail, although their lawyer said they were not expected to serve time in prison as they had already been detained for several months.

Two other pilots and a flight attendant were acquitted, while charges were dropped against another flight attendant.

Ghosn, once a leading light of the global car industry, was arrested in Japan in late 2018 and charged with underreporting his salary and using company funds for personal purposes, charges he denies.

The ousted chairman of the alliance of Renault (PA:RENA), Nissan Motor Co and Mitsubishi Motors (OTC:MMTOF) Corp had been awaiting trial under house arrest in Japan when he escaped in December 2019 via Istanbul to Beirut, his childhood home.

Ghosn, who holds French, Lebanese and Brazilian citizenship, is still a fugitive and remains in Beirut, where he announced several months ago that he was launching a university business programme. Lebanon does not have an extradition treaty with Japan.

An executive from Turkish private jet operator MNG Jet and four pilots were detained by Turkish authorities in early January 2020 and charged with migrant smuggling.

The lawyer for one of the convicted pilots, Erem Yucel, told reporters they would appeal the verdict.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Convicted pilot Noyan Pasin said that staff and officials had not suspected anything was wrong with the flight, either in Japan or Turkey, so it was wrong to single out the pilots.

"We were expected to be suspicious and were sentenced because we weren't suspicious," he told reporters.

The defendants were released in July, when the first hearing was held, and are not expected to return to jail due to time they served. Japan is not known to have requested their extradition to face charges there.

The Ghosn saga has shaken the global auto industry, at one point jeopardising the Renault-Nissan alliance which he masterminded, and increased scrutiny of Japan's judicial system.

Renault and Nissan have struggled to recover profitability following his tenure, during which both automakers say Ghosn focused too much on expanding sales and market share.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.