Renault stories Ghosn’s wedding ceremony to investigators

Renault reports Ghosn's wedding to investigators

Renault stated Thursday it will inform investigators that its former chief Carlos Ghosn, who’s being held in Japan on allegations of economic misconduct, personally benefited from a company sponsorship deal.

The most recent allegations concern Ghosn’s lavish marriage on the Chateau de Versailles outdoors Paris in October 2016.

Based on a report within the Figaro newspaper, the operators of the palace waived the standard 50,000-euro ($57,000) payment for the reception on the 17th-century Grand Trianon complicated as a part of a sponsorship deal between Versailles and Renault.

The agency’s inside audits “recognized contribution of 50,000 euros, beneath a sponsorship settlement signed with the Chateau de Versailles, was allotted to Ghosn’s private profit”, Renault stated in its assertion.

Ghosn threw an extravagant Marie Antoinette-themed wedding ceremony celebration at Versailles to rejoice his second marriage which featured actors in 18th-century clothes.

Ghosn’s arrest in November in Japan and subsequent indictment on three expenses has led to renewed scrutiny of his life-style and allegations from his Japanese companions that he was grasping.

It has additionally uncovered rifts between Nissan and French carmaker Renault which, along with Mitsubishi Motors, make up the world’s top-selling auto manufacturing group.

The Japanese companies jettisoned Ghosn virtually instantly however Renault waited for much longer and the tycoon finally resigned as chairman and CEO.

In an interview with AFP final week, Ghosn stated Nissan’s probe into his alleged misconduct was a “entice”, “plot” and a “story of betrayal”.
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