Mitsubishi Motors fires Carlos Ghosn, CEO to be interim chairman
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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Jyotirmath Shankaracharya slams RSS chief for 'politically convenient' position on restoring temples
Haridwar, Dec 22: Shankaracharya of the Jyotirmath Peeth in Uttarakhand Swami Avimukteshwaranand Saraswati on Sunday criticised RSS chief Mohan Bhagwat for his "politically convenient" position on restoring temples.
Avimukteshwaranand said a list of temples destroyed in the past by invaders be prepared and archaeological surveys of the structures be carried out to "restore Hindu pride".
"When he wanted power, he went around speaking about temples. Now that he has power, he is advising not to look for temples," he said on Bhagwat's remarks.
Rashtriya Swayamsevak Sangh (RSS) chief Bhagwat recently said that it was not acceptable that new temple-mosque disputes are raked up after the construction of Ram temple in Ayodhya.
The seer said a lot of atrocities have been committed against the Hindus and their religious places have been destroyed in the past. "If now, the Hindu society wants to restore and preserve its temples, then what is wrong in it?"
The Shankaracharya also criticised Union Home Minister Amit Shah's statement on BR Ambedkar in Parliament that has triggered a huge row between the ruling BJP and the Opposition.
Defending Congress leader Rahul Gandhi, Avimukteshwaranand said the scuffle outside Parliament was due to Shah's remarks on Ambedkar.
He said that there are a lot of people who support Ambedkar's ideology so everyone is using his name for their politics.
Shah has been under fire from several opposition parties since Tuesday over a comment he made referring to Ambedkar during a debate on the Constitution in the Rajya Sabha.
The next day, the BJP leader held a press conference and accused Congress of twisting facts and distorting his comments.
The seer also condemned alleged atrocities on Hindus in Bangladesh and said that the central government should take strict action on the matter. He said that illegal immigrants from Bangladesh living in India should be sent back. He slammed the central government accusing it of lack of action on the matter.
Bhagwat has recently expressed concern over the resurgence of new temple-mosque disputes and asserted that certain individuals, after the construction of Ayodhya's Ram Temple, seem to believe they can become "leaders of Hindus" by raking up such issues.
