Mitsubishi board considers new allegations against Ghosn
Friday, 18 January 2019 TOKYO (AP) — Mitsubishi Motors CEO Osamu Masuko says the Japanese automaker's board has met and discussed new allegations of wrongdoing by its former chairman, Carlos Ghosn. The allegations Friday regard a 7 million euro ($8 million) payment made to Ghosn last year by a 50-50 venture between Nissan Motor Co. and Mitsubishi Motors Corp., established in 2017 in Amsterdam. Masuko said only Ghosn, who headed Nissan for nearly 20 years, and some aides knew about the transaction, which was discovered during an investigation by Nissan and Mitsubishi. There have been no formal charges for the new allegations. Ghosn has been charged with breach of trust and falsifying financial reports in underreporting his income from Nissan.
Automotive News reports Nissan plans to file a civil suit against ousted Chairman Carlos Ghosn. Nissan will seek damages resulting from alleged misuse of company funds. The news comes from a person with knowledge of the issue. They told Automative News the suit would only add to the high-profile...
According to Automotive News, Renault has deferred the severance package for Carlos Ghosn worth 30 million euros. The disgraced automotive executive was arrested in Japan late last year for financial..
PARIS -- The board of Renault was poised to cancel as much as 30 million euros ($34 million) in deferred pay and severance to its ousted boss Carlos Ghosn, as directors met on Wednesday to approve its..
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends at the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October..
London (CNN Business)Carlos Ghosn, the former chairman and CEO of Renault, may have benefited personally from the French carmaker's funding of renovation work at the Palace of Versailles by holding his..