Nissan claims 83 million euros from Carlos Ghosn, its ex-CEO

Former Renault-Nissan president Carlos Ghosn at a press conference at the Lebanese Press Syndicate in Beirut, January 8, 2020. REUTERS / Mohamed Azakir

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Japanese automaker Nissan has filed a civil lawsuit in Japan against Carlos Ghosn, the former boss of the Nissan Renault Alliance, for misconduct and fraudulent activities. Nissan is claiming compensation of 90 million dollars, or 83 million 400,000 euros.

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The note could climb further, Nissan warning that the amount of the claim for " damages " should increase in the future.

Nissan relies on the results of an internal audit published in September and which reveals that the boss of the alliance had used $ 27 million from a Nissan subsidiary to buy residences in Beirut and Rio de Janeiro solely for his personal use.

►Also read: Before the press, Carlos Ghosn denounces an “orchestrated campaign” against him

Nissan also accuses Carlos Ghosn of having paid his sister $ 750,000 for a fictitious consultant contract, but also of having donated two million dollars in company funds to universities in Lebanon, without commercial justification, or to have used group aircraft for personal use. Nissan completes the bill with costs related to the internal investigation into the activities of its former boss.

A procedure in the British Virgin Islands

The group has also launched proceedings against Carlos Ghosn in the British Virgin Islands. Nissan accuses its former CEO of having carried out financial arrangements via the company " Beauty Yatchs ", directed by his wife Carole Ghosn. Assembly which would have enabled him to buy a pleasure boat for 12 million euros.

This complaint comes a few days after the opening of a procedure initiated in the Netherlands by Carlos Ghosn, who for the moment claims 15 million euros in compensation from Nissan and Mitsubishi Motors, an entity registered in the Netherlands. He accuses them of having violated the Labor Code in force in this country.

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  • Japan
  • automobile
  • Carlos Ghosn

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