Nissan sues Ghosn and requests $ 95 million in compensation – Economist – World Today

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The legal troubles facing Carlos Ghosn, former president of Nissan Motor Co., increased on Friday with the start of a civil trial in Yokohama, Japan, as the company filed a lawsuit demanding him pay 10 billion yen ($ 95 million) in damages.

“The legal steps that began today form part of Nissan’s policy to hold Ghosn responsible for the damage and financial losses incurred by the company due to the violations he committed,” the company said in a statement.

Ghosn, who also ran French car company Renault, had been in France since fleeing Japan in January before going to trial. He denies wrongdoing.

“The civil lawsuit filed by Nissan is an extension of a totally unreasonable internal investigation involving malicious intentions on the part of Nissan’s high command, the illogical arrests and accusations leveled by the prosecutors,” Ghosn said in a statement.

The civil trial is taking place alongside another criminal in a Tokyo court for former Nissan executive Greg Kelly accused with Ghosn of concealing his true profits.

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