Listen: Carlos, Emmanuel Macron And Prosecutor discussed on Biz 1190 Overnight featuring Bloomberg Radio
"Back to the best of daybreak Middle East. French president Emmanuel Macron said this week he's committed to the Renault Nissan alliance despite the arrest of Carlos gone that was after he discussed the issue with Japanese Prime minister Shinzo Ave on the sidelines of the g twenty meeting in Argentina. We got more with our chief north Asia. Correspondent Stephen Engle. Well, the latest is the government's getting involved a little bit, of course, on the sidelines of the g twenty in Argentina's you mentioned since Ave. The Japanese Prime minister meeting with Emmanuel Macron and Macron not surprisingly said he'd like to see the continuance and the stability of the alliance, which of course, the French government owns a fifteen percent stake a very significant stake in Renault which then owns a sizeable forty three percents stake in Nissan. Well, in Macron, of course, has a vested interest. Here. You know, Renault employs about fifty thousand workers. They don't want to see a deter. Of a partnership, which many claim really benefits Renault more than it. Does nissan. Meanwhile, since obey for his part said this is something that needs to be resolved going forward by the company's not necessarily the government, but the governments, but it's an interesting time. Obviously right now given that Carlos gone still is sitting here in a Tokyo detention center still has not been charged and it's been quite some time since December or excuse me, November nineteenth when he was first arrested here. Was just he he's in prison. It's he and one of his trusted advisers any progress in terms of the legal fate will be extended Stephen that seems to be the base case assumption juncture. Yeah. That's right. There's several options for prosecutors in that is they've already gotten another extension of the detention basically detention warrant approved on Friday by a Tokyo court that could do it another keep them in prison for jail for another ten days, which would be seven days from today. So we're talking December tenth, but we're also hearing as prosecutor to building their case against both gone and Greg Kelly, the former Representative director who's also. Implicated here they could prosecutors could arrest them again on other charges and that would allow prosecutors to apply for the even further detention. So it's really shed a lot of light on the Japanese legal system, which has a ninety nine percent conviction rate. But right now, even in the the Japanese newspapers is a full page article examining, the Japanese legal system, whether it actually gives you know, the defendant. A fighting chance to defend themselves. Right. Stephen. This is exactly what I wanted to ask you because of course, you're on the ground for us in Tokyo. I'll be joining you in that city tomorrow, I believe, but what are you saying in terms of the local media reaction? How are the Japanese people actually discussing? What is one of the biggest corporate stories to come out at least this year? Yeah. Well, the media is been very interesting. There's been a lot of different scoops from whether it's the kill the news or the Nihon Keizai Shimbun Asahi Miami a number of different scoops. And that's what we're getting. Most of our news is coming from leaks for within the prosecutor's office to these local papers and the latest one is that apparently according to kill the news as well as Japan Times. Carlos gone is refusing to sign any confession or what he is allegedly saying a false confession. And that is where a lot of the prosecutors get that ninety nine percent conviction rate, they beat the defendant down through Tara Gatien without their lawyers and oftentimes get confessions. But according to local media Carlos gonna standing fast, claiming his innocence. Remember, you can catch daybreak Middle East every Sunday to Thursday morning right here on Bloomberg television.."