Nissan files $90m lawsuit against former chairman Carlos Ghosn

Japanese carmaker Nissan on February 12 filed a lawsuit against ousted chairman Carlos Ghosn to take back approximately $90 million used by accused in fraudulent practices. According to reports, Japanese giant's decision comes after Ghosn was ousted from company in what was called years of misconduct and activities of fraud.

According to reports, Nissan said that cost h been calculated based on cost to firm of former chairman's fraudulent practices. According to reports, company accused him of using residential property on foreign lands without paying any rent, personal use of corporate jets, payments to his personal lawyer living in Leban etc.

According to reports, amount mentioned in lawsuit is likely to increase and carmaker will be suing Ghosn for making defamatory remarks in a public dress in Leban. former chairman was subject to a trial in Japan in relation to numerous crimes he committed, including under-showing his compensation to around $85 million. According to reports, Ghosn spent a period of 100 days in Japan after his arrest in 2018 but escaped to Leban after being let out on bail in Tokyo.

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Ghosn's escape was regrettable

In a statement on December 7, Nissan Motor Corporation said that actions of ousted Chairman Carlos Ghosn's escape from Tokyo to Leban was regrettable and undermined Japanese judicial system. Nissan's statement said that company will completely cooperate with authorities, ding that Ghosn's escape will t influence its policy of holding him accountable for financial misconduct.

After former Nissan chairman jumped bail and fled to Leban, reports claim that fugitive used bullet train and a private jet to escape from Japan. A Japanese news channel reported that Ghosn boarded a bullet train from Tokyo's Shinagawa station on December 29 and got off at a station in western Osaka. 65-year-old executive took a taxi to a hotel near Kansai airport and availed a private jet to Istanbul. It is believed that business tycoon switched planes and travelled to Beirut.

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