Nissan Sues Carlos Ghosn

Nissan claims $90 million in damages from the former executive.

Nissan has filed a lawsuit in a Japanese court against the former CEO Carlos Ghosn. It is about compensation for the damage caused to the company over the years of his management. The amount of $90 million has to cover lawyers and auditors, including legal costs, as well as compensate for losses caused by the use of the company's service jet and overseas property for personal purposes. This is Nissan's second lawsuit against Ghosn. The first was filed in the British Virgin Islands, where illegal payments were made.

Nissan Sues Carlos Ghosn photo 2

The former CEO of the Renault–Nissan-Mitsubishi Alliance was first detained on charges of financial fraud by the Tokyo prosecutor's office in November 2018. The initiator of the legal proceedings against Ghosn was the management of Nissan. In the course of an internal investigation, it found out the illegal use of the company's funds by the former head. During the investigation, Ghosn was arrested several times and released on bail. At the end of last year, he escaped from house arrest in Japan and fled to Lebanon. At a press conference after the escape, Ghosn called all the charges fabricated by the Nissan management, who decided to oppose his strategy for the development of the alliance. He explained his decision to run away by the injustice of the Japanese judicial system.

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