Nissan Sues Its Old Chairman For Ten Billion Yen

Disgraced sometime Nissan President Carlos Ghosn may accept escaped Japan, only that’s non stopping his sometime employer from suing him to the melody of 10 billion yen (around five billion pesos).

The suit, filed at the Yokohama District Court inwards Nippon represents a meaning exercise of the “monetary damages inflicted on Nissan every bit a upshot of years of his misconduct as well as fraudulent activity.”

This claim for damages has been calculated on the footing of costs incurred past times Nissan including:

• Funds liked to fraudulent payments made to or past times Ghosn, including the exercise of overseas residential belongings without paying rent, individual exercise of corporate jets, payments to his sister, payments to his personal lawyer inwards Lebanon, etc.;
• Resources as well as costs related to Nissan's internal investigation into Ghosn as well as his misconduct
• Legal as well as regulatory costs incurred inwards Japan, the U.S., the Netherlands as well as other territories
• The novel claims are inwards add-on to an ongoing civil case initiated past times Nissan against Ghosn. That i seeks, with other things, the championship of a luxury yacht.

Nissan says their intensified crusade to recover damages from its sometime Chairman stems from his conclusion to flee Japan. The Japanese automaker may every bit good pursue legal activity over the “groundless as well as defamatory remarks” made past times Ghosn at his press conference inwards Lebanon.