Re­nault de­nounces Nis­san over Ghosn in­ves­ti­ga­tion: re­port

The Hindu Business Line - - NEWS - AGENCE FRANCE-PRESSE

Lawyers for French car-maker Re­nault have crit­i­cised their Ja­panese al­liance part­ner Nis­san for its han­dling of an in­ter­nal probe into the Car­los Ghosn scan­dal, a Sun­day news­pa­per has re­ported.

In a let­ter to Nis­san dated Jan­uary 19, the lawyers said they had “se­ri­ous con­cerns about the meth­ods used” by the com­pany and its le­gal team, in­clud­ing the way they treated some Re­nault em­ploy­ees, ac­cord­ing to France’s Le Jour­nal du Di­manche.

For­mer head of the al­liance Ghosn is be­ing held in Ja­pan on charges that he un­der-re­ported mil­lions of dol­lars in pay as head of Nis­san. Much of the ten­sion be­tween the part­ners stems from a com­plex own­er­ship struc­ture that gives Re­nault 43 per cent of Nis­san, whereas Nis­san owns just 15 per cent stake in the French com­pany and no vot­ing rights.

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