Welcome
Corporate Law News

Life as a Fugitive Knocks Millions Off Carlos Ghosn’s Fortune

Jan. 10, 2020, 10:49 AM

Life on the run is proving expensive for Carlos Ghosn.

The cost of his escape included $14 million in forfeited bail money while the operation that saw him celebrate New Year’s Eve in Beirut could have cost $15 million or more.

Carlos Ghosn speaks during a news conference in Beirut, on Jan. 8.
Photographer: Hasan Shaaban/Bloomberg

That includes $350,000 for the private jet that spirited the former auto executive from Osaka to Istanbul and millions of dollars for his multicountry extraction that would have taken a team of as many as 25 people half a year to plan, according to a private security expert who said he wasn’t involved and asked not to...

To read the full article log in. To learn more about a subscription click here.