Nissan sues Carlos Ghosn with $91 million lawsuit

Carlos Ghosn Renault-Nissan

Nissan filed a $91 million lawsuit against former Chairman of the company Carlos Ghosn on Wednesday in a Japanese court, contributing further into the range of issues emerging from Ghosn’s November 2018 arrest on allegations of financial fraud in Japan.

The latest lawsuit attempts to recover damages the automaker stated it suffered “as a result of years of misconduct and fraudulent activity” by Ghosn.

Ghosn has been credited with rescuing Nissan from bankruptcy.

After an internal investigation, Nissan dropped a number of charges against Ghosn which led to his arrest on November 2018. Ghosn spent four months in detention in Tokyo before he was released on bail. On December 2019 he escaped from Japan to Lebanon, where he holds citizenship.

The case as a whole has observed a number of claims and counterclaims, with Ghosn submitting both an $18 million damage suit against the automaker in the Netherlands and another claim in France for $273,000 against Renault regarding pension payments. His lawyers last month indicated that additional legal action could be filed against Renault. Ghosn was ousted by Renault following his arrest in Japan.

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