Nissan filed a civil lawsuit against former Chairman Carlos Ghosn on Wednesday, seeking an initial amount of 10 billion Japanese yen ($90 million).
The claimed damages are linked to Ghosn's "breach of fiduciary duty as a company director and his misappropriation of Nissan's resources and assets," the Japanese automaker said in a statement.
Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019.filed a civil lawsuit against former Chairman Carlos Ghosn on Wednesday, seeking an initial amount of 10 billion Japanese yen . The claimed damages are linked to Ghosn's "breach of fiduciary duty as a company director and his misappropriation of Nissan's resources and assets," the Japanese automaker said in a statement.
The figure has been calculated based on funds linked to "fraudulent payments made to or by Ghosn" including the unpaid use of overseas property, private use of corporate jets, payments to his sister and personal lawyer, along with the costs of Nissan's investigation into Ghosn and subsequent regulatory and legal costs.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyersCarlos Ghosn, the fugitive former auto executive, used a joint venture between N...
Read more »
Nissan to halt production at Japan factory due to coronavirusNissan Motor Co will temporarily halt production at its plant in Kyushu...
Read more »
Nissan to temporarily halt production at Japan factory due to coronavirus: NikkeiNissan Motor Co will temporarily halt production at its plant in Kyushu...
Read more »
Ghosn reportedly hires CAA founder Michael Ovitz to evaluate film, TV dealsCarlos Ghosn, the former Nissan chairman who staged a Hollywood-style escape from Japan in December, is reportedly evaluating film and TV projects based on his life.
Read more »
Libya's Haftar sued in US for alleged war crimesSix families, whose relatives were murdered, injured or faced attempted killings are seeking $1 billion in damages in a lawsuit filed in a federal district court, according to the plaintiffs’ attorneys.
Read more »
Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyersCarlos Ghosn, the fugitive former auto executive, used a joint venture between N...
Read more »