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Nissan’s ex-president sues the company for $1 billion

  • June 20, 2023
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Carlos Ghosn, former chairman of Nissan Motor Co., is suing the Japanese automaker and its affiliates for organizing his firing in 2018 and his arrest for alleged financial

Nissan’s ex-president sues the company for  billion

Nissan’s ex-president sues the company for $1 billion

Carlos Ghosn, former chairman of Nissan Motor Co., is suing the Japanese automaker and its affiliates for organizing his firing in 2018 and his arrest for alleged financial misconduct, seeking more than $1 billion in damages for causing “significant damage” to his finances and reputation. it does.

This was reported by Bloomberg, Ukrinform reports.

As noted, Ghosn filed the case at the Supreme Court in Lebanon, where he lived after fleeing Japan in late 2019 to avoid prosecution.

“The serious accusations against me will remain in people’s memory for years,” Ghosn said of the trial. He added that “he will suffer allegations for the rest of his life because even if they are based only on suspicion, they will have lasting consequences.”

In 1999, Ghosn joined Nissan when it was bought by French manufacturer Renault, which later saved Nissan from bankruptcy. Also at one time, Nissan’s Renault SA and Mitsubishi Motors Corp. It also signed an automobile manufacturing alliance with

In late 2018, Japanese authorities arrested Ghosn on suspicion of financial irregularities, including hiding income. Gon was also removed from his position as chairman of the board of directors. He fled from Japan to Lebanon after being released on bail.

Ghosn denies the charges against him and claims he was the victim of a conspiracy by Nissan senior executives who wanted to prevent the company’s merger with Renault.

As reported by Ukrinform, the Japanese company Nissan and its French partner Renault have reached a formal agreement on the restructuring of the auto manufacturing alliance.

Source: Ukrinform

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