Nissan seeks $91 million in damages from Ghosn over alleged financial misconduct

Singapore News News

Nissan seeks $91 million in damages from Ghosn over alleged financial misconduct
Singapore Latest News,Singapore Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan...

FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir/File Photo

TOKYO - Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen in damages over his alleged financial misconduct. Ghosn had been facing criminal charges in Japan for understating his annual salary and misusing company funds, until he fled to Lebanon in December. He denies any wrongdoing.

Nissan said it expects the amount claimed in damages to “increase in future” as it seeks to recover fines it expects to have to pay to regulators due to Ghosn’s alleged misconduct. Japan's No. 2 automaker added that it may pursue separate legal action over what it called"groundless and defamatory" remarks Ghosn made in a news conference in Beirut

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

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 - lawyersGhosn used Nissan-Mitsubishi venture to inflate pay - lawyersCarlos Ghosn, the fugitive former auto executive, used a joint venture between N...
Read more »

Nissan files lawsuit against former Chairman Carlos Ghosn seeking $90 million in damagesNissan files lawsuit against former Chairman Carlos Ghosn seeking $90 million in damagesNissan filed a civil lawsuit against former Chairman Carlos Ghosn on Wednesday, seeking an initial amount of 10 billion Japanese yen ($90 million).
Read more »

Nissan to halt production at Japan factory due to coronavirusNissan 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 to temporarily halt production at Japan factory due to coronavirus: NikkeiNissan Motor Co will temporarily halt production at its plant in Kyushu...
Read more »

Nissan files lawsuit against former Chairman Carlos Ghosn seeking $90 million in damagesNissan files lawsuit against former Chairman Carlos Ghosn seeking $90 million in damagesNissan filed a civil lawsuit against former Chairman Carlos Ghosn on Wednesday, seeking an initial amount of 10 billion Japanese yen ($90 million).
Read more »

Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyersGhosn used Nissan-Mitsubishi venture to inflate pay - lawyersCarlos Ghosn, the fugitive former auto executive, used a joint venture between N...
Read more »



Render Time: 2025-04-08 10:44:49