Former Chair Ghosn Sues Nissan for $1B in Lebanon
Former Nissan chairman Carlos Ghosn has sued the company for more than $1 billion in a lawsuit filed to Lebanon’s public prosecutor last month, according to a copy of the lawsuit seen by Reuters.
A judicial source said the prosecutor has a scheduled a court session on Sept. 18 to begin proceedings.
A spokesperson for Nissan said the company will not be commenting on the matter.
Ghosn, once a titan of the global car industry, was arrested in Japan in late 2018 and charged with financial misconduct. He denied the charge and said his detention was part of a plot by Nissan executives to block a merger.
He escaped Japan hidden in a box aboard a private jet in December 2019, fleeing to Lebanon, his childhood home.
Ghosn had been awaiting trial in Japan on charges of under-reporting earnings, breach of trust and misappropriation of company funds – accusations he has denied repeatedly.
After arriving in Lebanon Ghosn said he was escaping a “rigged” justice system in Japan and that he intended to clear his name.