You probably thought you heard the last of Carlos Ghosn. The ex-auto chairman was arrested for a handful of illegal activities relating to companies like Nissan, Renault, and Mitsubishi. Ghosn is now out of jail on bail and his first course of action is to sue Nissan and Mitsubishi.
According to a report by The Financial Times, Ghosn is pressing charges against the two companies in the Netherlands. The two companies, via joint venture Nissan-Mitsubishi BV (NMBV), previously employed Ghosn as chairman. They terminated his employment after his recent allegation and arrest for misreporting income to financial regulators, transferring personal losses onto Nissan's corporate books, and transferring corporate funds for his own personal use.
Ghosn recently left Japanese jail on bail and is pressing charges against NMBV, asking for $16.73 million for improper termination. Ghosn claims that none of these allegations are true and that they cannot be used to support his termination. He also states that no evidence of these crimes has been shared with Ghosn.
It seems premature to be pushing claims like this. He's saying he's innocent before a judge or trial has occurred. But if Ghosn knew when to cut his losses, he wouldn't be in the position he's in, now would he?
Carlos Ghosn is Sueing Nissan, Mitsubishi For Being Fired
Posted By: LizardRock | 0 Comment(s)
Posted On: Jul 25, 2019 @ 03:48 PM