by thenational.ae — Sunniva Rose — Former Nissan and Renault head turned fugitive Carlos Ghosn wants to serve the interests of his debt-ridden home country Lebanon by collaborating with a new $20,000 three-month business programme at a local university, he said in a rare public appearance on Tuesday. The move has grabbed the former executive headlines, but experts say that the impact of the unusual initiative could be limited. “The objective is…serving the country and the society, because if today there is one specific thing that Lebanon needs, it is to create jobs,” explained Mr Ghosn during a press conference on Tuesday at the Université Saint-Esprit de Kaslik (USEK) near Beirut as he presented three new business programmes.
Costing $20,000, the main three-month “Business strategies and performance programme” due to start in March 2021 is aimed at executives from Lebanon and the region and will include a one-on-one consultancy session with Carlos Ghosn as well as guest speakers such as Jaguar and Land Rover Chief Executive Thierry Bolloré, former Goldman Sachs vice-chairman Ken Curtis and venture capitalist Raymond Debbane. The online version of the course will cost $15,000. This programme will subsidise two others, said USEK’s President, Father Talal Hachem: a “training and upscaling programme for local businesses” and an “investment and advisory board for start-ups”. Lebanon is reeling from one of the biggest non-nuclear explosions in history at the Beirut port on August 4 that killed nearly 200 people and worsened its economic crisis which has pushed half the population under the poverty line. “Carlos Ghosn is capitalising his networks and on Lebanon’s strength, which is its education system. But the limits are clear. Who in Lebanon will be able to pay for such a programme in the middle of a financial and economic meltdown?” asked Sahar Al Attar, editor-in-chief at the Lebanese economic magazine Le Commerce du Levant.