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Nissan Recordsdata Lawsuit In opposition to Carlos Ghosn Looking for $90 Million In Damages

by Y9gvFGIPMP
February 12, 2020
in World
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Nissan files suit against Carlos Ghosn and claims $ 90 million in damages
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Carlos Ghosn was detained in Japan for more than 100 days after his sudden arrest in November 2018

Tokyo:

Japanese auto giant Nissan filed a civil lawsuit on Wednesday to recover around 10 billion yen ($ 90 million) from former president Carlos Ghosn for "years of misconduct and fraudulent activity."

The 65-year-old has been charged several times with financial misconduct in Japan, but fled to Lebanon before he could be brought to justice. He denies any wrongdoing.

Nissan said the damage was calculated based on the cost of the company from Ghosn's "corrupt practices."

It accused Ghosn of having used "non-rented home ownership, private business plane use, payments to his sister, and payments to his personal lawyer in Lebanon".

The amount is likely to increase, and the company will also try to sue Ghosn for "unfounded and defamatory comments" he made in informing the Lebanon media.

Ghosn was once celebrated as a corporate rescuer for saving Nissan's bankruptcy and was facing a trial in Japan for a number of alleged crimes, including underreporting of his $ 85 million in compensation.

Ghosn was detained in Japan for more than 100 days after his sudden arrest in November 2018, but started a bold escape plan when he was on bail in Tokyo and managed to travel to Lebanon apparently undetected.

He believes Nissan turned him on because executives feared he would move the company closer to French partner Renault, which is part of a three-way alliance with Mitsubishi Motors.

(Except for the headline, this story was not edited by NDTV staff and comes from a syndicated feed.)

Y9gvFGIPMP

Y9gvFGIPMP

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