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World Print 2020-02-13

Nissan files $90 million suit against Ghosn

Japanese car giant Nissan on Wednesday filed a civil lawsuit to reclaim some 10 billion yen ($90 million) from former chairman Carlos Ghosn for what it called "years of his misconduct and fraudulent activity".
Published 13 Feb, 2020 12:00am

Japanese car giant Nissan on Wednesday filed a civil lawsuit to reclaim some 10 billion yen ($90 million) from former chairman Carlos Ghosn for what it called "years of his misconduct and fraudulent activity".

The 65-year-old faces multiple charges of financial misconduct in Japan but fled to Lebanon before he could face trial. He denies any wrongdoing. Nissan said the damages had been calculated on the basis of the cost to the firm of Ghosn's "corrupt practices". It accused Ghosn of "the use of overseas residential property without paying rent, private use of corporate jets, payments to his sister, payments to his personal lawyer in Lebanon".

Copyright Agence France-Presse, 2020

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