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Nissan executive Munoz resigns after Ghosn's arrest

AP  |  Tokyo 

Jose Munoz, who took a leave of absence a week ago, has resigned, the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former

Munoz said in a statement on Saturday he made the decision after serious thinking because the company was "involved in matters that have and will continue to divert its focus," referring to Ghosn's case.

Munoz is among several speculated might succeed Ghosn, who led for two decades.

confirmed the resignation, effective immediately.

There have been other recent departures from Nissan, but Nissan has denied they were related to Ghosn's case.

Munoz, a Spaniard who oversaw Nissan's global strategies, worked for Nissan for 14 years.

"I love the company, my talented co-workers and Nissan's industry-leading dealers," he said.

Ghosn, arrested November 19, has been charged with breach of trust and falsifying financial reports and remains detained in He rebutted each allegation and asserted his innocence in a court earlier this week, his first public appearance since his arrest.

The court rejected a request by prosecutors late Friday that Ghosn not be allowed to receive visitors, paving the way for his family to see him for the first time since his arrest. Until now, Ghosn could only see prosecutors, embassy officials and his lawyers.

In Japan, suspects are routinely held for months until their trials start. No trial date has been set for Ghosn.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, January 12 2019. 17:50 IST
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