Post by account_disabled on Mar 12, 2024 6:56:28 GMT
Carlos Ghosn, former president of Nissan and CEO of the Renault-Nissan Alliance, has begun a complicated year. His reputation is increasingly diminishing and with it his credibility and his professional ethics.
After his arrest in 2018 for violating financial legislation and not reporting his salary correctly, Renault announced to the authorities of his country that it suspects certain irregularities on the part of Carlos Ghosn: these are millionaire transfers to one of his distributors in the Middle East, weeks after having released a dossier on his wedding expenses.
According to the EFE news agency, the company refrained from commenting on the information leaked by the press about the sending of the new information to the Nanterre Prosecutor's Office, on the outskirts of Paris.
The transfers were worth several France Mobile Number List million euros and were directed to Suhail Bahwan Automobiles (SBA), an Omani company that distributes vehicles for Renault and Nissan in that country and others in the Middle East.
According to the newspaper Le Figaro, said money appeared as bonuses for results, but was not attributed, as might have been expected, to the marketing, commercial or regional directorates, but rather directly to the cost center of the Renault presidency, which depended on the executive.
This is a mechanism similar to the one that Nissan had discovered through which, according to the Japanese press, some 32 million dollars had been transferred to the SBA. The payments came from reserve funds that Ghosn used at his discretion.
Some media in the same country said that it was likely that with these amounts a yacht was purchased from which the former head of Renault and Nissan, as well as his family, benefited.
It should be noted that the former director is currently free under judicial control without being able to leave Japan since March 6, after three and a half months imprisoned in that country, and has formally denied any embezzlement in relation to that matter in Oman.
For its part, the newspaper Le Figaro said that Renault does not directly speak of embezzlement in the documents sent to the Prosecutor's Office, but considers that there are enough elements for the authorities to examine the issue.
Sources say the Tokyo prosecutor's special investigation team consulted with the Supreme Public Prosecutor's Office on whether to charge Ghosn for aggravated breach of trust over this alleged misconduct.
Renault, the French company, launched an internal investigation commission in November, days after Ghosn's imprisonment in Tokyo, and at the beginning of March it communicated to the authorities its suspicions about expenses for the wedding of its former president, which took place in the Palace of Versailles in October 2016.
The Palace of Versailles did not charge Ghosn the rent for the rooms in which the liaison took place – a service estimated at 50,000 euros (around $56,000) – but rather attributed it to the patronage contract it has with Renault, under of which the car manufacturer uses its premises for some institutional events.
After his arrest in 2018 for violating financial legislation and not reporting his salary correctly, Renault announced to the authorities of his country that it suspects certain irregularities on the part of Carlos Ghosn: these are millionaire transfers to one of his distributors in the Middle East, weeks after having released a dossier on his wedding expenses.
According to the EFE news agency, the company refrained from commenting on the information leaked by the press about the sending of the new information to the Nanterre Prosecutor's Office, on the outskirts of Paris.
The transfers were worth several France Mobile Number List million euros and were directed to Suhail Bahwan Automobiles (SBA), an Omani company that distributes vehicles for Renault and Nissan in that country and others in the Middle East.
According to the newspaper Le Figaro, said money appeared as bonuses for results, but was not attributed, as might have been expected, to the marketing, commercial or regional directorates, but rather directly to the cost center of the Renault presidency, which depended on the executive.
This is a mechanism similar to the one that Nissan had discovered through which, according to the Japanese press, some 32 million dollars had been transferred to the SBA. The payments came from reserve funds that Ghosn used at his discretion.
Some media in the same country said that it was likely that with these amounts a yacht was purchased from which the former head of Renault and Nissan, as well as his family, benefited.
It should be noted that the former director is currently free under judicial control without being able to leave Japan since March 6, after three and a half months imprisoned in that country, and has formally denied any embezzlement in relation to that matter in Oman.
For its part, the newspaper Le Figaro said that Renault does not directly speak of embezzlement in the documents sent to the Prosecutor's Office, but considers that there are enough elements for the authorities to examine the issue.
Sources say the Tokyo prosecutor's special investigation team consulted with the Supreme Public Prosecutor's Office on whether to charge Ghosn for aggravated breach of trust over this alleged misconduct.
Renault, the French company, launched an internal investigation commission in November, days after Ghosn's imprisonment in Tokyo, and at the beginning of March it communicated to the authorities its suspicions about expenses for the wedding of its former president, which took place in the Palace of Versailles in October 2016.
The Palace of Versailles did not charge Ghosn the rent for the rooms in which the liaison took place – a service estimated at 50,000 euros (around $56,000) – but rather attributed it to the patronage contract it has with Renault, under of which the car manufacturer uses its premises for some institutional events.