Carlos Ghosn Sues Nissan For $1 Billion In Defamation Suit
NDTV
Carlos Ghosn, credited with reviving Nissan, was arrested in Japan in 2018 on a number of charges.
Former Nissan chairman Carlos Ghosn has sued the company for more than $1 billion, according to a report in the BBC. In the lawsuit filed in Lebanon, the businessman has sought compensation, accusing Nissan of defamation, slander, libel and fabrication of material evidence. Mr Ghosn, the former chairman and chief executive of the Renault-Nissan-Mitsubishi alliance, was arrested in Japan in November 2018 on suspicion of financial misconduct, before being sacked by Nissan's board in a unanimous decision. He had fled Japan in a box while awaiting trial and now lives in Lebanon.
BBC said the lawsuit is another effort by Mr Ghosn to clear his name after he was ousted from Nissan.
A hearing is scheduled to be held in September.
The amount Mr Ghosn is seeking as compensation represent 5% of the company's $16 billion market value, said the BBC report. Nissan has so far not made any comment on the issue.
