Nissan files US$91 million damages lawsuit against former chairman Carlos Ghosn
- The Japanese company launched the legal action to recoup money for Ghosn’s use of private jets, rent, and other ‘corrupt practices’
- Ghosn was arrested in November 2018 but skipped bail and fled to Lebanon late last year
Nissan Motor Co. filed the case in Yokohama District Court to recoup some of the monetary damages suffered, it said, “as a result of years of misconduct and fraudulent activity” by Ghosn.
The claim was calculated by adding the costs from what Nissan called Ghosn’s “corrupt practices” such as rent for overseas property, use of corporate jets and payments to Ghosn’s sister, as well as costs for the internal investigation into Ghosn’s alleged wrongdoings.
Ghosn, who led Nissan for two decades and saved it from near-bankruptcy, was arrested in Japan in November 2018, and charged with under-reporting his future compensation and breach of trust in diverting Nissan money for personal gain.
A date had not been set for his trial, and Ghosn has said he was worried his ordeal would never end and he would not get a fair hearing.
