Tycoons in trouble: From corruption to sexual harassment
Too big to fall
Have a look at some of the controversial faces from the industry.
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The auto maker
CHARGES: Under-reporting his pay to regulators and personal use of company assets, among a long list of alleged misdeeds.
RESULT: Arrested in Japan on these charges, with Nissan set to oust him from his role.
Agencies
Flip in the Kart
CHARGES: Improper disclosures about a personal matter which was later revealed to be a consensual affair with a former employee.
RESULT: Bansal resigned from the ecommerce firm he cofounded, but has held onto his board seat.
Agencies
The Kochhar effect
CHARGES: Alleged conflict of interest in doling out loans to entities having business interests with her husband.
RESULT: Decided to retire early from her job as CEO, even as a law firm tasked with investigating her conduct in 2016 withdrew its findings. Another independent investigation is ongoing.
Agencies
The Samsung scion
CHARGES: Bribery, embezzlement, capital flight and perjury charges; paid a former advisor to former president Park Geun-hye $36 million in bribes for political favours.
RESULT: He was jailed for five years initially, but later reduced to 2.5 years on appeal. He was released on a four-year probation in February this year.
Reuters
Winterkorn's diesel emission scandal
CHARGES: Under his leadership, news surfaced that the German automaker had used illegally installed software to beat emission norms.
RESULT: Resigned as CEO soon after the scandal broke in 2015, and in May 2018 was charged with fraud in the US.
Reuters
Mixing business with pleasure
CHARGES: Sexual harassment by Jodie Fisher, an actress and a host at company events, and not following norms following the disclosure of his misdeeds.
RESULT: He was fired by the board.
Agencies
Fired and blacklisted
CHARGES: A sordid history of abusing his position and power to sexually harass and assault young actors.
RESULT: Fired from his own company and blacklisted by Hollywood, he went into a treatment programme to deal with his issues.
Agencies
