Nissan claims Carlos Ghosn used company money for dinners at Paris’s Marmottan Museum
Carlos Ghosn: Nissan submits report to TSE: Announces amount, goes to legal proceedings
Carlos Ghosn: Nissan sued
Nissan has submitted a report to the Tokyo Stock Exchange on January 16th.
Residential real estate: Purchase / renovate without permission
Ghosn is suing for buying and renovating his home in Brazil and Lebanon.
Nissan spent $ 22 million through an investment company it established in the Netherlands.
Corporate jet: private use by family
Use Nissan’s corporate jet or charter jet for yourself or your family.
Nissan payment $ 4.4 million.
According to a survey conducted by Nissan / Renault (based in the Netherlands),
Party Costs: Party Costs at Versailles Palace, France
Rio Carnival: Brazilian midsummer festival “Rio Carnival” costs,
Cannes Film Festival: Costs to invite guests to the French Cannes Film Festival,
Luxury Brands: Purchase Cost of Gifts
He noted that he had to spend € 3.9 million on non-operational expenses to the headquarters.
Nissan estimates that the total damage caused to the company by a series of misconduct by Ghosn and others was 35 billion yen.
Pursues responsibility of former Ghosn for such misconduct.
Perform legal procedures such as claiming damages.
NHK News
Carlos Ghosn’s lawyers hit back at Nissan fraud claims
Lawyers acting for ousted Nissan boss Carlos Ghosn have hit back after the car giant accused him of misusing the firm’s money for events abroad.
Nissan said its joint venture with Renault spent €3.9m (£3.3m) on Mr Ghosn’s personal expenses.
The events included a party at the Palace of Versailles and trips to Rio de Janeiro carnivals.
Mr Ghosn’s lawyers said Nissan’s investigation is biased and designed to publicly smear him.
They added that Nissan never interviewed him or his aide Greg Kelly, who also faces criminal charges in Japan.
Nissan claims Carlos Ghosn used company money for dinners at Paris’s Marmottan Museum
The report, submitted by Nissan to the Tokyo Stock Exchange on Thursday,
details “personal expenses of Mr Ghosn” which it claimed were “unrelated to corporate purposes”.
These include:
Dinners at the Marmottan Museum in Paris
Guest entertainment at the Cannes Film Festival
Jewellery purchased at Cartier stores
It also claims Nissan paid $750,000 in advisory fees to Mr Ghosn’s sister
he used the corporate jet “for purposes that were highly likely unrelated to [company] business”.
Nissan published a report into corporate governance at the firm after conducting an investigation which included examining “the misconducts by Mr Ghosn, Mr. Kelly and individuals who may have acted in concert with them”.
Mr Ghosn defence team said: “This report confirms that Nissan’s investigation was biased, lacked integrity and independence and was designed and executed for the predetermined purpose of taking out Carlos Ghosn.”
BBC News
https://www.bbc.com/news/business-51146775
Notice of submission of “Improvement Measures Status Report” to Tokyo Stock Exchange
https://www.release.tdnet.info/inbs/ek/140120200116447351.pdf