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 170,511.86
278.75M
0.98%
1646.82
ALLSHR 103,203.80
682.99M
0.89%
908.76
KSE30 50,839.23
100.13M
1.18%
592.12
KMI30 243,245.60
147.66M
1.61%
3852.07
KMIALLSHR 66,892.15
407.33M
1.15%
757.54
BKTi 47,509.55
28.38M
0.77%
361.93
OGTi 34,789.19
8.38M
1.60%
547.02
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,215.00 77,640.00
77,215.00
-215.00
-0.28%
BRENT CRUDE 104.32 109.97
103.50
-3.31
-3.08%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
1.70
1.33%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
-0.75
-0.53%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 99.99 104.46
98.48
-2.49
-2.43%
SUGAR #11 WORLD 18.15 18.84
17.93
-0.58
-3.10%

Chart of the Day


Latest News
September 12, 2026 at 10:15 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


September 12, 2026 at 09:35 AM GMT+05:00

Weekly Market Roundup


September 12, 2026 at 03:27 AM GMT+05:00

Foreign currency deposits rise by $69m in August 2026


September 11, 2026 at 11:33 PM GMT+05:00

Diesel up Rs5.28, petrol Rs5.02 from September 12


September 11, 2026 at 08:50 PM GMT+05:00

Refiners get 45 days to save their tariff cushion



Top 5 things to watch in this week

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