May 28, 2024

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Ghosn is suing Nissan for $1 billion over finances and reputation

Ghosn is suing Nissan for $1 billion over finances and reputation

The suit also brings claims against at least ten people, including:

  • Harry Nadaa Nissan employee seen as one of the main instigators of the plot to overthrow him branch
  • Hidetoshi Imazu And Hitoshi Kawaguchitwo of Nissan’s senior managers with their early involvement in the actions taken by Nissan against it branch
  • Toshiaki Onomaa director in the CEO’s office, agreed with Nada to cooperate with Japanese prosecutors to avoid prosecution
  • Masakazu Toyoda f Moto Nagaitwo members of the Nissan Board of Directors

A Nissan spokesperson said the company would not comment on the matter.

The lawsuit includes individuals and other entities that have not yet been notified, according to the statement branch Legal Representative. Lebanon’s public prosecutor has scheduled a hearing for September. The authorities in Lebanon can request the cooperation of their Japanese counterparts in the investigation branch Affirmations.

It is not clear whether or not Japan’s judicial system branch He said it was a “fraud” and “violated the most basic principles of humanity”, willing to cooperate with the authorities in Lebanon who do not extradite their citizens.

In 2020, a United Nations panel found that branch Detention in a Japanese prison for more than 100 days was neither necessary nor unreasonable, and violated his rights. arrest decision branch Four consecutive extensions of his detention were “fundamentally unfair,” according to the UN Human Rights Council’s Working Group on Arbitrary Detention.

Includes 18 page prompt branch Plans to bring Nissan, Renault and Mitsubishi Motors into a grand alliance with Fiat Chrysler, he says fuel Concerns within Nissan in early 2018 that it was seeking to make the partnership irreversible.

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Then Nada et al. laid the groundwork for this branch He was arrested in order to remove him from Nissan and the alliance, according to Ghosn.

branch He also described his intentions to take a voluntary pay cut in 2011 after new disclosure rules in Japan launched efforts to find legal means to retain and pay him during retirement. These plans eventually became the basis for the arrest branch and Greg Kelly, a former Nissan manager who was involved in salary discussions.

A trial verdict last year cleared Kelly of most charges and Nissan was fined.

Volkswagen, Ford and General Motors job offers

branch He described how he received job offers from the Volkswagen Group and Ford and a more lucrative salary to join General Motors but decided to stay with the alliance in the aftermath of the 2008-2009 global financial crisis.

He said efforts within Nissan to find ways to compensate and retain him have been criminal Because it was “the only means the conspirators could find to get rid of him as Chairman of the Board.”

Then Nada and others launched a “campaign of smearing his image.” branch confirmed in the lawsuit. The prosecution also details the involvement of the Japanese and French governments, and traces the purge of some people from Nissan branch arrest, issues relating to the company’s internal investigation into the matter and damages to shareholders as a result of the proceedings.

In a way, the suit is crystal to branch Efforts to clear his name after his arrival in Lebanon, where at the beginning of the year 2020 he held an epic press conference in which he denounced his arrest. Ghosn spent part of his childhood in the country, living in a house Nissan bought and restored, which he had planned to buy from the company upon retirement.

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Reuters and Bloomberg contributed to this report