Renault denounces Nissan over Ghosn investigation

Marco Green
February 12, 2019

The French auto firm said yesterday it would alert prosecutors over concerns that Renault's sponsorship deal with the palace, where Ghosn held a wedding reception in 2016 as well as a party for his wife's birthday, benefitted its former boss to the tune of €50,000 (£43,800).

"The event space at Versailles was made available to him without charge and Mr. Ghosn was unaware that the use of the space would be charged against Renault's allotted usage", he wrote in the email.

Ghosn will reimburse Versailles for the rental, his spokeswoman Devon Spurgeon said.

The automaker said the wedding expenses worth 50,000 euros, or about 57,000 dollars, were improperly disbursed for the former chairman's personal benefit. Following the Versailles revelations, French Finance Minister Bruno Le Maire said the investigation is "starting to get results".

Renault started an internal probe in November, shortly after Ghosn was arrested.

Renault has uncovered payments it believes were used to partially pay for Carlos Ghosn's second wedding, held at the Château de Versailles. The latest allegations concern Ghosn's lavish marriage at the Chateau de Versailles outside Paris in October 2016.

Versailles officials would not comment on whether Ghosn himself made the request, or confirm that the dinner was in fact his wedding reception.

Renault has found evidence that it paid part of Carlos Ghosn's wedding costs and is preparing to turn the investigation over to prosecutors, two weeks after the French carmaker's scandal-hit chairman and chief executive was forced out.

Also on Friday, French financial daily Les Echos and newsmagazine L'Express said Ghosn could be facing new scrutiny over another party at Versailles, a 600,000-euro gala dinner paid for by Renault in 2014. He has faced a stunning downfall since his arrest.

Mr Ghosn, who was sacked as chairman of Nissan and Mitsubishi, the third partner in the alliance, and has resigned as Renault's...

But the date, March 9, actually coincided with Ghosn's 60th birthday and not the launch of the alliance, the reports said, adding that most of the guests consisted of Ghosn's friends and associates as opposed to Renault or Nissan executives.

In remarks to the Tokyo Court, Ghosn denied receiving compensation from Nissan that was not disclosed.

Other reports by Click Lancashire

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