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France said to be seeking Renault board meeting to discuss replacing GhosnThe government had until now supported the company’s decision to keep the CEO in office while he awaits trial in Japan for alleged misconduct
Source: BDliveSA - 🏆 12. / 63 Read more »
Renault board meets as fraud accused CEO Carlos Ghosn remains in jailThe CEO has been detained for seven weeks in Tokyo after his arrest on charges of underreporting his salary for years
Source: BDliveSA - 🏆 12. / 63 Read more »
Renault posts record sales as Ghosn successor soughtThe company said sales in 2018 were up 3.2 percent from the previous year putting it ahead of its French rival PSA.
Source: eNCA - 🏆 49. / 51 Read more »
Renault posts record sales while CEO Carlos Ghosn remains in jailSales were driven higher by demand for its low-cost models, including two light utility vehicles built in a joint venture with China's Brilliance
Source: BDliveSA - 🏆 12. / 63 Read more »
Nissan’s Carlos Ghosn gets more charges, so release is now unlikelyThe new charges allege his under-reporting continued for another three years, and include a charge of ‘aggravated breach of trust’
Source: BDliveSA - 🏆 12. / 63 Read more »
Ghosn hit with more charges, release unlikelyLawyers for the former jet-setting executive immediately said they would file a bail application, but have acknowledged that he will probably be detained until a trial.
Source: ewnupdates - 🏆 30. / 53 Read more »
Ghosn received $9-million improperly from Nissan-Mitsubishi joint ventureCarlos Ghosn improperly received $9 million in compensation from a joint venture (JV) between Nissan Motor and Mitsubishi Motors, the Japanese automakers said on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement. In the latest twist to the saga of the once-feted official's fall from grace, the automakers have found that Ghosn was paid by their Netherlands-based JV without the knowledge of the unit's two other directors - Nissan Motor CEO Hiroto Saika...
Source: TimesLIVE - 🏆 28. / 59 Read more »
Carlos Ghosn got $9m improperly, Nissan and Mitsubishi sayThe two vehicle makers have found that Ghosn was paid by their Netherlands-based JV without the knowledge of the unit's two other directors
Source: BDliveSA - 🏆 12. / 63 Read more »
Ghosn appeals against Japan bail rejectionThe court has previously refused to release the 64-year-old Franco-Lebanese-Brazilian businessman on the grounds that he could present a flight risk and destroy evidence.
Source: ewnupdates - 🏆 30. / 53 Read more »
Ghosn suffers fever in Japan jail, skips questioning: mediaAccording to the Nikkei daily, a doctor who examined him said Ghosn 'required rest and was unfit for interviews (by prosecutors) and meetings (with his lawyers and consular visitors)'.
Source: SowetanLIVE - 🏆 13. / 63 Read more »