Michael Taylor, 60, received a sentence of two years and his 28-year-old son, Peter Taylor, was handed a 20-month sentence
Hiroto Saikawa is testifying this week at roughly the mid-point of the trial
Ghosn was arrested in Tokyo almost two years ago and escaped to Lebanon in December
The Japanese carmaker has had a rocky year that has brought it to the brink. However, a four-year transformation strategy has plotted out an aggressive turnaround plan.
Here’s what to expect in the Middle East
Renault shares have fallen 47 per cent this year
It will introduce eight new models to the region over the next two years
A four-year plan calls for production to be cut by 20 per cent to about 5.4 million vehicles a year
The arrests come a week before the expected announcement of a major restructuring plan at Nissan
Arrested in November 2018 in Tokyo on charges of financial misdeeds and then freed on bail, Ghosn made a dramatic escape to Lebanon in December
Prince Alwaleed Bin Talal Alsaud, founder and chairman of Saudi’s Kingdom Holding Company, topped the list
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