Carlos Ghosn shocked by French arrest warrant

Fugitive former automotive govt Carlos Ghosn is shocked by a global warrant sought by a French Justice of the Peace, Ghosn’s spokesman mentioned, a case linked to a probe into suspect cash flows between Renault and an Omani dealership.

The architect of the Renault-Nissan auto alliance has been preventing 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 instructed Reuters, reacting to a report of the worldwide arrest warrant within the Wall Avenue Journal.

5 worldwide arrest warrants for Ghosn and the present homeowners or former administrators of the Omani firm Suhail Bahwan Cars, a car distributor in Oman, have been issued by the investigative decide, the Nanterre prosecutor’s workplace confirmed.

Bahwan’s lawyer mentioned that his consumer formally denied having taken half, in any means by any means, within the offenses referred to within the arrest warrant.

“He has already offered proof of his innocence and is on the full disposal of the French justice system,” mentioned Christophe Ingrain in an announcement.

The Japanese investigation precipitated a vertiginous fall from grace for 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 middle and beneath dwelling arrest.

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

Ghosn stays in his childhood dwelling in Lebanon whereas denying the instances towards him.EPA

On the time of Ghosn’s escape, he was awaiting trial on expenses 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 means of 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 tens of millions of {dollars} of Renault funds by means of 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 occasion he threw on the Versailles palace in 2014. Ghosn instructed Reuters in an interview final 12 months that he was ready for a prolonged course of to clear his title with French authorities .

Ghosn was chairman of each Nissan and Mitsubishi and chief govt of Renault when he was arrested in Japan in 2018.

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