Nissan files $90 million suit against former Chairman

News Image

MG News | February 12, 2020 at 01:38 PM GMT+05:00

February 12, 2020: Japanese car giant Nissan on Wednesday filed a civil lawsuit to reclaim some 10 billion yen ($90 million) from former chairman Carlos Ghosn for what it called "years of his misconduct and fraudulent activity".

The 65-year-old faces multiple charges of financial misconduct in Japan but fled to Lebanon before he could face trial. He denies any wrongdoing.

Nissan said the damages had been calculated on the basis of the cost to the firm of Ghosn's "corrupt practices".

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 177,478.83
344.95M
0.18%
312.30
ALLSHR 107,944.00
678.25M
0.28%
302.35
KSE30 52,798.63
92.73M
0.24%
127.82
KMI30 252,177.07
128.49M
0.28%
716.53
KMIALLSHR 69,667.47
564.99M
0.37%
254.09
BKTi 49,952.04
11.03M
-0.07%
-32.75
OGTi 36,921.42
25.19M
1.37%
498.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,540.00 78,915.00
76,745.00
360.00
0.47%
BRENT CRUDE 93.60 94.83
92.74
-0.18
-0.19%
RICHARDS BAY COAL MONTHLY 110.30 110.50
110.30
0.05
0.05%
ROTTERDAM COAL MONTHLY 125.25 125.25
125.25
1.50
1.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 86.64 87.51
85.80
-0.19
-0.22%
SUGAR #11 WORLD 17.60 17.89
17.16
0.08
0.46%

Chart of the Day


Latest News
August 24, 2026 at 01:12 PM GMT+05:00

HRL signs MoU for new smart city development in Uzbekistan


August 24, 2026 at 12:42 PM GMT+05:00

Keti Bunder Port set for integrated infrastructure push


August 24, 2026 at 12:02 PM GMT+05:00

Silver edges higher, holds above $69


August 24, 2026 at 11:38 AM GMT+05:00

Crypto rally gains momentum as Bitcoin, Ethereum surge



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg