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Carlos Ghosn ‘surprised’ by French international arrest warrant

Fugitive former automotive govt Carlos Ghosn, gestures earlier than an interview with Reuters in Beirut, Lebanon June 14, 2021. REUTERS/Mohamed Azakir

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  • Ghosn has all the time denied wrongdoing
  • Fled to Lebanon from Japan in late 2019
  • Ghosn had escaped in a field aboard a personal jet

PARIS, April 22 (Reuters) – Fugitive former automotive govt Carlos Ghosn is stunned by a world warrant sought by a French Justice of the Peace, Ghosn’s spokesman stated, a case linked to a probe into suspect cash flows between Renault (RENA.PA) and an Omani dealership.

The architect of the Renault-Nissan auto alliance has been combating a number of probes since fleeing in late 2019 to Lebanon from Japan, the place he confronted separate monetary misconduct allegations.

“That is shocking, Ghosn has all the time co-operated with French authorities,” A spokesperson for Ghosn in France informed Reuters, reacting to a report of the worldwide arrest warrant within the Wall Road Journal.

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5 worldwide arrest warrants for Ghosn and the present house owners or former administrators of the Omani firm Suhail Bahwan Vehicles, a automobile distributor in Oman, had been issued by the investigative decide, the Nanterre prosecutor’s workplace confirmed.

The Japanese investigation precipitated a vertiginous fall from grace for Carlos Ghosn, who had lived a jet-set life-style with properties in Paris, Rio de Janeiro and Beirut earlier than he was detained for months in a Tokyo custody centre and below dwelling arrest.

He escaped Japan hidden in a field aboard a personal jet.

On the time of Ghosn’s escape, he was awaiting trial on fees that he understated his compensation in Nissan’s monetary statements by 9.3 billion yen ($85 million) over a decade and enriched himself at his employer’s expense by funds to automotive dealerships.

Ghosn – who denies any wrongdoing within the instances towards him – stays in his childhood dwelling, Lebanon, which has no extradition treaty with Japan and has a coverage of not extraditing its personal nationals.

Ghosn holds passports from France, Lebanon and Brazil.

French prosecutors allege Ghosn funneled thousands and thousands of {dollars} of Renault funds by the Omani automotive distributor for his private use, together with for the acquisition of a 120-foot yacht.

In early 2020, French prosecutors stepped up their investigation into Ghosn’s Omani dealings and a lavish social gathering he threw on the Versailles palace in 2014.

Ghosn informed Reuters in an interview final 12 months that he was ready for a prolonged course of to clear his title with French authorities. learn extra

Ghosn was chairman of each Nissan (7201.T) and Mitsubishi (8058.T) and chief govt of Renault when he was arrested in Japan in 2018.

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Reporting by Tassilo Hummel;
Enhancing by Sudip Kar-Gupta, Richard Lough and Tomasz Janowski

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