Renault to alert prosecutors over Carlos Ghosn’s wedding costs
A 2016 sponsorship deal with the Chateau de Versailles included a €50,000 personal benefit to the former CEO, an internal probe reveals
Paris — Renault has found evidence that it paid part of Carlos Ghosn’s wedding costs and is preparing to turn the investigation over to prosecutors, two weeks after the French carmaker’s scandal-hit chair and CEO was forced out. An internal probe established that a 2016 sponsorship deal with the Chateau de Versailles included a €50,000 personal benefit to Ghosn, the carmaker said on Thursday, confirming a report in Le Figaro. The carmaker replaced Ghosn on January 24, more than two months after his arrest in Japan over allegations of financial misconduct uncovered by Renault’s Japanese affiliate Nissan, which he also chaired. Renault began its own examination of payments to Ghosn within days of his detention but had not flagged any irregularities until now. Renault has discovered that “Mr Ghosn was accorded a personal benefit valued at €50,000 under the terms of a sponsorship contract with the Chateau de Versailles”, the company said on Thursday. “Renault has decided to bring these ...
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