France’s $1.5 bln reason to put Renault over Ghosn

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France’s $1.5 bln reason to put Renault over Ghosn LiamWardProud

Japanese prosecutors on April 4 arrested ousted Nissan boss Carlos Ghosn on suspicion of trying to enrich himself at the automaker's expense. Ghosn had been released on bail on March 6 after spending more than three months in detention for charges including financial misconduct.

In a TV interview aired on April 4, he called on the French government to defend him: “I am keeping up my combat, I am innocent. It's hard, I have to admit it, and I call on the French government to defend me, and to defend my rights as a citizen,” he said in an interview with French stations TF1 and LCI.

France’s finance minister, Bruno Le Maire, told BFM TV on April 4 that Ghosn was getting French consular protection and that there must be a presumption of innocence. Le Maire also said his responsibility was to ensure that Renault performed well.

 

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