Transportation
Carlos Ghosn Sues Nissan for $1 Billion in Damages Over Ouster
- Former auto chief files lawsuit in Lebanon for ‘deep damages’
- Japan prosecutors accused Ghosn of underreporting compensation
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Carlos Ghosn, the former head of Nissan Motor Co., sued the Japanese automaker and connected individuals for ousting him in 2018 and arranging his arrest for alleged financial misconduct, claiming more than $1 billion for “deep damage” to his finances and reputation.
The former auto executive, who forged Nissan’s carmaking alliance with Renault SA and Mitsubishi Motors Corp., filed his claims with the public prosecutor in the Court of Cassation in Lebanon, where he has lived since his dramatic escape from Japan in late 2019 to flee trial. The lawsuit, seen by Bloomberg News, was submitted on May 18 and translated into English from Arabic.