Swiss bank Julius Baer linked to former Nissan Boss Carlos Ghosn
Carlos Ghosn has been banking with the Julius Baer of Switzerland for years and the private investor, according to Inside Paradeplatz, will determine whether the connection should be reported to the authorities.
The former fugitive boss of Nissan Motor Co. was persuaded by former Chief Executive Officer Boris Collardi to become a customer of Julius Baer, the Swiss banking blog reported on Monday without quoting sources or when the relationship started.
A Zurich-based Julius Baer spokesperson refused to comment “on suspected or existing customer relationships.” Ghosn’s degree and whereabouts have become a vital element in the mystery of how he escaped Japan in a carefully orchestrated escape last week that could have cost millions of dollars to plan. He forfeited about 15 million dollars in bail when he left the country and travelled to Lebanon by private jet.
According to Minister of Justice Masako Mori, Interpol has issued a Red Notice requiring his arrest.
Carlos Ghosn faces financial fraud allegations and confidence breaches. He argued that the claims were false and were overridden by the other executives of the car maker, as well as Japanese investigators and government officials who rejected his attempts to merge Nissan with Renault, the French affiliate further.
A Swiss banking regulator spokesman, Finma, has declined to comment on whether it looks into any aspect of Ghosn’s banking relations with the country.
In the past, Japan has sought legal help from Switzerland concerning Ghosn.
On January 14, a request was issued by the Tokyo District Public Prosecutor’s Office to co-ordinate different procedures, a spokesman for the Swiss organisation said Monday.
The appeal was reviewed before it was sent to the Swiss prosecutor’s office on 8 March. A Swiss prosecutor’s office spokeswoman refused to comment on the nature or actions of the appeal publicly.
The Swiss Federal Council usually order the freezing of funds. In contrast, the Office of the Procurator General can block the bank accounts of non-Swiss entities upon request by the international law enforcement authorities.