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Shortly after it was revealed that the French government is seeking to remove Carlos Ghosn from his post as Renault’s CEO, both the latter ans Nissan and have claimed that Ghosn received improper payments of EUR7. 8 million ($ 8.9 million) via joint enterprise between the automakers.
Nissan was of the view that Ghosn received a health compensation package from the Netherlands-based seam undertaking but signed the contract without consulting Nissan chief executive Hiroto Saikawa and Mitsubishi chief executive Osamu Masuko, BBC reports.
“Nissan ideas the payments Ghosn received from[ the seam undertaking company] to be the result of misconduct and will consider measures to recover from Ghosn the full summing-up, ” the automaker said in a statement.
These revelations are just the most recent in a series of disputes surrounding Ghosn to have emerged in recent weeks.
The former industry-leading executive who was credited with turning Nissan’s fates around has been charged with fiscal misconduct and breach of trust and was still in detention in Japan. He is accused of concealing his true compensation from Japanese powers and failing to disclose almost $80 million in payments between 2010 and 2018.
Shortly after the allegations were made publicly available, Ghosn was stripped of his executive personas at Nissan and Mitsubishi. However, he has remains Renault chairman and chief executive since his arrest in November- something that may change very soon.
The French government owns a 15 per cent stake in Renault and is reportedly requesting members of the board encountering to discuss selected candidates to supplant him as Renault chief executive. Thierry Bollore is acting as an interim chief executive for the moment.
Read more: carscoops.com
