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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Jammu and Kashmir enter maiden Ranji Trophy final; Bengal left stunned
Kalyani (West Bengal) (PTI): Sixty seven years after their maiden appearance, Jammu and Kashmir stormed into the Ranji Trophy finals for the first time on Wednesday, upstaging two-time former champions Bengal by six wickets in the semifinals here to add another historic chapter to a fairytale season so far.
Auqib Nabi's stunning nine-wicket match haul and their IPL star Abdul Samad's fearless strokeplay ensured that the side once labelled "perennial underachievers" now stands one step away from the title.
Chasing a modest 126 at the Bengal Cricket Academy ground, J&K rode on Samad's unbeaten 30 off 27 balls (3x6, 1x4) and rookie Vanshaj Sharma's composed 43 not out off 83 ball (4x4) as the pair stitched an unbroken 55-run stand for the fourth wicket to seal history on the fourth and penultimate day of the semifinal.
In a heartwarming gesture, Samad, who had done the bulk of the damage, allowed the 22-year-old Vanshaj to finish it in style and the youngster launched Mukesh Kumar over long-on for six to spark wild celebrations in the visiting camp.
From strugglers to history-makers
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Jammu and Kashmir had played 334 Ranji matches before this season, winning only 45. It took them 44 years to register their first victory, against Services in 1982-83.
Knockout appearances were rare. A breakthrough came in 2013-14 when they edged Goa on net run rate to reach the quarterfinals, and in 2015-16 they stunned Mumbai at the Wankhede Stadium under state icon Parveez Rasool.
But consistency eluded them for decades as this season, under coach Ajay Sharma and captain Paras Dogra, they transformed belief into results.
After an opening loss to Mumbai, they bounced back with innings wins over Rajasthan and key victories against Delhi and Hyderabad to enter the knockouts.
A dramatic 56-run win over Madhya Pradesh in the quarterfinal, powered by Nabi’s 12/110, brought them to the semifinals for the first time.
Bengal's big names, bigger letdown
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With four India internationals in Mohammed Shami, Akash Deep, Mukesh Kumar and Shahbaz Ahmed, and India A star batter Abhimanyu Easwran along with home advantage to boot, this was Bengal's game to lose.
They did exactly that after folding for 99 in 25.1 overs on day three that set Jammu and Kashmir a paltry 126 to win.
Resuming at 43/2 on the penultimate day, J&K lost an early wicket but Bengal failed to sustain pressure despite Akash Deep's relentless 15-over morning spell (3/46) and Shami's probing 1/24 from 24 overs.
There were anxious moments when Shubham Pundir was cleaned up and Dogra edged behind -- a low diving catch by Abishek Porel off Akash Deep eventually upheld after review.
But Bengal looked fatigued and short of ideas once Samad counterattacked. The IPL batter, retained by Lucknow Super Giants, turned the tide in a single over against Akash Deep that fetched 18 runs.
He did not spare Shahbaz either, dancing down the track to deposit him over mid-wicket and then through covers as J&K crossed the 100-run mark.
From there, shoulders dropped in the Bengal camp.
The introduction of part-time options and a visible dip in intensity underlined a campaign that promised much but fizzled when it mattered most.
Nabi's season for the ages
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The foundations of Jammu and Kashmir's win, however, were laid by Nabi.
"Last time we missed it in the quarters but we did all the hard work and we deserved it," said Nabi after winning the man-of-the-match.
The 29-year-old pacer followed his 12-wicket match haul in the quarterfinal against Madhya Pradesh with another devastating effort, finishing with nine wickets in the match, including a five-for in the first innings, to take his season's tally to 55 wickets at an average of under 13.
Nabi had also contributed with the bat playing a decisive knock at No.9.
J&K had posted 302 in their first innings, reducing the deficit to 26, thanks to Dogra's gritty 58 (112 balls), Samad's counterattacking 82 (85 balls) and a crucial late surge from Nabi (42 off 54) and Yudhvir Singh (33) in a 64-run last-wicket stand.
Dogra's milestone
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For 41-year-old captain Paras Dogra, it was a week of personal and collective milestones.
In a career spanning 24 years across Himachal Pradesh, Pondicherry and now J&K, Dogra also became only the second batter after Wasim Jaffer to score 10,000 Ranji Trophy runs.
Introduced to the game by his father Kultar, Dogra's journey has been one of endurance and quiet steel.
"It's a big achievement, never thought about it. I enjoyed the journey full of ups and downs. The game makes you a strong human being," Dogra said.
His resolute half-century in a 143-run partnership with Samad in the first innings set the tone for the side's resilience.
