Live Markets »News & Advice»Market News»Market News Details
Market News Details

Renault lawyers criticised Nissan for handling of Carlos Ghosn case: Report

AFP | PTI/Paris 10 Feb 19 | 01:15 PM

Carlos Ghosn

Lawyers for French carmaker Renault have criticised their Japanese alliance partner Nissan for its handling of an internal probe into the Carlos Ghosn scandal, a Sunday newspaper has reported. 

Related Stories

    No Related Stories Found
Widgets Magazine

In a letter to Nissan dated January 19, the lawyers said they had "serious concerns about the methods used" by the company and its legal team, including the way they treated some Renault employees, according to France's Le Journal du Dimanche.

Former head of the alliance Ghosn is being held in Japan on charges he under-reported millions of dollars in pay as head of Nissan.  

"Renault has gathered sufficient evidence to understand and regret the methods used by Nissan and its lawyers to seek interviews with Renault employees through the Japanese public prosecutor's office," they said.

Nissan was seeking "evidence to support allegations against Carlos Ghosn after his arrest" and failed to consult its French partner, according to the newspaper. 

ALSO READ: France warns against 'exorbitant' payoff for ex-Renault boss Carlos Ghosn

The firm also tried to search Ghosn's apartments in Brazil, Lebanon and the Netherlands without informing Renault, the letter added.

A Nissan spokesman told AFP on Sunday that the letter which they received weeks ago "have already been reviewed and fully addressed in a series of verbal and written responses from Nissan's external attorneys." "The communications in question do not reflect the current state of discussions with Renault and its lawyers," said Nissan spokesman Nicholas Maxfield.

ALSO READ: Renault names new leadership as scandal-hit Carlos Ghosn bows out

"Nissan... has always welcomed an open and direct dialogue with its partners to help uncover relevant facts", he added.

The executive's arrest in November has exposed rifts between Renault and Nissan, which some analysts say was bristling at Ghosn's efforts to bring the two automakers' operations even closer together.

ALSO READ: Ex-Nissan head Carlos Ghosn offers to wear electronic ankle tag to get bail 

Ghosn was the linchpin of the three-way alliance, which also included Mitsubishi Motors, earning industry plaudits for driving together a sometimes fractious threesome with headquarters 10,000 kilometres apart.

Much of the tension between the partners stems from a complex ownership structure that gives Renault 43 per cent of Nissan, whereas Nissan owns just 15 per cent stake in the French company - and no voting rights.  

Widgets Magazine


Company Price Gain (%)
O N G C168.752.93
IndusInd Bank1,687.902.01
H D F C1,957.001.09
Asian Paints1,443.400.85
Reliance Inds.1,373.600.76


Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine