Nissan files $90 million suit against former Chairman

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

Posted on: 2020-02-12T13:38:00+05:00

32681