Nissan files USD 90 mn suit against Ghosn

Japanese car giant Nissan on Wednesday filed a civil lawsuit to reclaim some 10 billion yen (USD 90 million) from former chairman Carlos Ghosn for what it called "years of his misconduct and fraudulent activity".

65-year-old faces multiple charges of financial misconduct in Japan but fled to Leban before he could face trial. He denies any wrongdoing. Nissan said dams h been calculated on basis of cost to firm of Ghosn's "corrupt practices".

It accused Ghosn of " use of overseas residential property without paying rent, private use of corporate jets, payments to his sister, payments to his personal lawyer in Leban".

It said amount was likely to rise and ded that company would also seek to sue Ghosn for "groundless and defamatory remarks" he me when he briefed media in Leban.

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Once hailed as a corporate saviour for rescuing Nissan from brink of bankruptcy, Ghosn was facing a trial in Japan over a series of alleged crimes, including under-reporting his compensation to tune of around $85 million.

Ghosn spent more than 100 days in detention in Japan after his sudden vember 2018 arrest, but launched an audacious escape plan while out on bail in Tokyo and mand to travel to Leban apparently undetected.

He believes Nissan turned on him because executives re were concerned he was moving firm closer to French partner Renault, part of a three-way alliance with Mitsubishi Motors.

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