Monthly Archives: January 2019

December 2018: Huawei

Materiality Tracker

On 1 December the CFO of Huawei is arrested in Vancouver, Canada, based on an extradition request from the US Government. Huawei is a world leader in developing new generation 5G mobile telecoms networks. US authorities are seeking the CFO’s extradition for alleged fraud, claiming that Meng Wanzhou lied to American banks about the relationship between Huawei and a company … more

November 2018: Renault-Nissan-Mitsubishi

Materiality Tracker

On 19 November 2018 Carlos Ghosn, head of the Renault-Nissan-Mitsubishi Motors auto alliance, is arrested by Japanese authorities on suspicion of underreporting his income by half over the last five years. Nissan and Mitsubishi announce they will remove him as chair of their boards. An interim CEO is appointed by Renault, in which the French government owns 15% as shareholder. … more