Carlos Ghosn to receive € 7.8 million from Nissan-Mitsubishi joint venture

Nissan and Mistubishi said Friday, January 18 that Carlos Ghosn had unduly received a remuneration of 7.8 million euros through a joint structure to the two automakers in the Netherlands.

An investigation by the two Japanese firms found that the former president of Nissan had been compensated by the Nissan entity Mitsubishi BV (NMBV), founded in June 2017 in the Netherlands, without informing the other two directors of NMBV.

Already three indictments against Carlos Ghosn

Nissan and Mitsubishi added that they were considering filing a civil complaint against Carlos Ghosn in an attempt to obtain compensation from him for the abusive remuneration.

In custody since 19 November at JapanCarlos Ghosn has already been charged with three charges for the reduction of his income over two different periods and transfers of personal losses in Nissan’s accounts. He rejects these accusations.

New accusations against Carlos Ghosn?

A source close to the case said a few days earlier to Reuters that Nissan was considering filing a civil complaint against Carlos Ghosn that he suspected of abuse of corporate assets.

This civil complaint could concern the use of the company’s funds to pay for the residences placed at the disposal of Carlos Ghosn, for his donations to universities and for payments to a Saudi businessman suspected of helping the ruler escape from financial difficulties, added the source.

The daily Les Echos reported on Sunday (January 13th) that the Japanese public prosecutor was considering new charges of embezzlement against Carlos Ghosn related to his remuneration by NMBV.

Renault and the state is officially seeking a replacement for Carlos Ghosn

In France, after long defending the presumption of innocence, the State and the Renault group are now officially looking for a replacement for Carlos Ghosn at the head of the car manufacturer. The government was the first to formally announce the launch of this process. Thursday, January 17, the Renault group also ended up publicly recognizing his change of attitude in a statement: “The governance bodies of Renault are actively working to find the best solution for future governance,” the group writes.

With Reuters (Naomi Tajitsu, Bertrand Boucey and Jean Terzian for the French service)

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