Lawsuit against Carlos Ghosn begins in Japan

Lawsuit against Carlos Ghosn begins in Japan

November 13, 2020 0 By autotimesnews

A lawsuit begins today in a lawsuit filed by Nissan against former director Carlos Ghosn. He is suspected of fraud and tax evasion, and Nissan wants to get money from him. Ghosn himself is not present at the trial – he is still hiding in Lebanon.

Nissan accuses Ghosn of multimillion dollar fraud during his tenure as CEO of Renault-Nissan. After the change of leadership of the alliance, internal checks were carried out, as a result of which it turned out that Carlos Ghosn was hiding from the Japanese government the revenues that he received outside the country. In addition, it turned out that the former management sometimes used the company’s assets for personal gain.

A lawsuit has begun in Yokohama Court today in a case the automaker hopes to win. Nissan said in a statement that the company wants to hold Ghosn responsible for “all financial damage caused to the company as a result of its misconduct.” The amount charged to Ghosn is by no means more than 80 million euros. Ghosn himself was not present at the trial, but his interests were represented by his lawyers.

Ghosn fled Japan late last year after being released on bail, explaining his actions as a lack of confidence in the Japanese legal system, which he said immediately implies guilt. Ghosn, in turn, denied all accusations by Nissan, and also filed a lawsuit against the Renault-Nissan-Mitsubishi alliance, seeking damages in the amount of 15 million euros.