AGENCIES, Tokyo: The ongoing dispute between Nissan Motor Company and its ex-CEO Carlos Ghosn took a new turn on Wednesday after the car company filed a civil suit seeking in Yokohama District Court US$91 million in damages.
Nissan says it wants to recoup some of the monetary damages suffered as a result of years of misconduct and fraudulent activity by Ghosn.
The claim was by Nissan that factored in costs from what Nissan called Ghosn’s “corrupt practices”. These included items like 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.
Representatives of Ghosn said in a statement they couldn’t comment as they had yet to see the legal documents.
Ghosn, who led Nissan for two decades and saved it from near-bankruptcy, was arrested in Japan in November 2018, and charged with underreporting his future compensation and breach of trust in diverting Nissan money for personal gain.
He was awaiting trial but skipped bail and showed up in Lebanon late last year. Japan has no extradition treaty with Lebanon, and he’s unlikely to be arrested.