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Nissan filed a USD $90 million lawsuit against former chairman Carlos Ghosn in the Yokohama District Court on Wednesday.
Nissan claims that the suit comes “as a result of years of misconduct and fraudulent activity” by Ghosn. The corporation based the $90 million in costs upon “corrupt practices,” including Ghosn’s private use of corporate jets and payments to his sister. Nissan is also asking for costs associated with its internal investigation of Ghosn.
This lawsuit follows multiple charges of financial misconduct against Ghosn in Japan. He was arrested in 2018 for alleged financial misconduct related to suspicion of violating a financial law. In January 2019 a Tokyo District Court rejected his request to be released from detention. Ghosn was released in 2019, only to be rearrested in April 2019 on additional financial charges. He fled to Lebanon in December, following a brief release on bail.
Ghosn has stated that he is innocent of wrongdoing.
The post Nissan files $90 million lawsuit against Carlos Ghosn appeared first on JURIST - News - Legal News & Commentary.
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Nissan claims that the suit comes “as a result of years of misconduct and fraudulent activity” by Ghosn. The corporation based the $90 million in costs upon “corrupt practices,” including Ghosn’s private use of corporate jets and payments to his sister. Nissan is also asking for costs associated with its internal investigation of Ghosn.
This lawsuit follows multiple charges of financial misconduct against Ghosn in Japan. He was arrested in 2018 for alleged financial misconduct related to suspicion of violating a financial law. In January 2019 a Tokyo District Court rejected his request to be released from detention. Ghosn was released in 2019, only to be rearrested in April 2019 on additional financial charges. He fled to Lebanon in December, following a brief release on bail.
Ghosn has stated that he is innocent of wrongdoing.
The post Nissan files $90 million lawsuit against Carlos Ghosn appeared first on JURIST - News - Legal News & Commentary.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.