Tokyo, Nov 26 (AP): The board of Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, voted unanimously Monday to dismiss Carlos Ghosn as its chairman following his arrest last week.
Prosecutors arrested Ghosn on November 19 on suspicion he under-reported his income by USD 44 million over five years.
Nissan Motor Co ousted him as its chairman last week, saying an internal investigation prompted by a whistleblower also found Ghosn misused company money and assets.
Mitsubishi Motors' CEO Osamu Masuko, chosen by the board as acting chairman pending a shareholders' meeting, said Ghosn would not be able to perform his duties, considering his arrest and Nissan's dismissal of him as chairman.
Masuko said he did not know the specifics of the criminal allegations and declined comment on the case.
When asked for his personal view about the situation, Masuko said he was baffled.
"To be honest, I was shocked, and I couldn't believe it," he told reporters at Mitsubishi Motors' showroom at headquarters.
"I still can't figure out why, and I just don't understand."
But Masuko insisted the three-way alliance will persevere, saying it's critical for the automakers' futures, especially in working together on new technologies such as autonomous driving, artificial intelligence and connectivity for vehicles.
"We believe the alliance is needed," Masuko told reporters at Mitsubishi Motors' showroom at headquarters.
"Where the three companies are headed is not confrontation."
Ghosn was central in creating the alliance, but would have had to leave eventually, he said, adding just that the "timing had come sooner."
Renault has kept Ghosn as chief executive, while appointing an interim chair while the company awaits more information about the allegations against him.
The disruptions over Ghosn's case have added to worries about the future of the alliance between Renault, Nissan and Mitsubishi, whose status as the most recent addition could be more precarious.
European media have speculated that the case against Ghosn was partly driven by a desire to fend off moves to merge Renault and Nissan and keep the company under Japanese control.
Resentment within the Japanese automaker against Ghosn's pay and power may also have played a role.
Ghosn has been a dominant force in the Japanese auto industry for nearly two decades.
He led the addition of Mitsubishi into the alliance in 2016 after the smaller automaker was embroiled in an inspections reporting scandal.
Nissan holds a 34 per cent stake in Mitsubishi.
Japanese media, citing unidentified sources, are reporting that Ghosn and Greg Kelly, an executive who was arrested on suspicion of collaborating with him, are asserting their innocence. Ghosn has not commented publicly.
The two executives have not yet been charged. Under Japanese law, a suspect can be held in custody for up to three weeks per suspected charge without any charges being filed.
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Virat Kohli broke Sachin Tendulkar and Brian Lara's record to become the fastest to score 20,000 international runs, a target he reached when he scored 37 runs in the World Cup 2019 match against the West Indies on Thursday.The Indian skipper took only 417 innings to achieve the record -- 131 in Tests, 224 in ODIs and 62 in T20Is. Sachin Tendulkar and Brian Lara's previous best came off 453 innings each. Virat Kohli has now registered 11,124 runs in ODIs, and has 6,613 Test runs and 2,263 in T20Is.
Kohli, arguably the finest batsman in world cricket at the moment, started his World Cup 2019 scoring a mere 18 runs against South Africa in India's inaugural match. He however then lived up to his billing and scored 82 against holders Australia before hitting 77 against arch-rivals Pakistan. The 30-year-old also contributed with 67 runs in India's narrow victory over Afghanistan.
Virat Kohli has already become the fastest to score 11,000 One-day International (ODI) runs during World Cup 2019, breaking Tendulkar's record in the process.
Kohli achieved the feat in the match against Pakistan at Old Trafford in Manchester.