Renault CEO Sees Governance-Compliance Audits Completed in March

Renault SA’s internal review following financial revelations at its Japanese partner that brought down their former Chief Executive Officer Carlos Ghosn will be completed in March, and investigators have discovered no major issues so far, the French carmaker’s current top manager said.

“Till now, we did not find anything wrong” beyond the “little story” of Ghosn’s use of the Chateau de Versailles for parties, CEO Thierry Bollore said in a Bloomberg Television interview at the Geneva International Motor Show. “We will finish all audits and investigations by the end of this month,” with final work now focusing on RNBV, the Amsterdam-based unit that manages the company’s alliance with Nissan Motor Co. “But for Renault already, we know we are” conforming to governance standards.