French authorities have issued an international arrest warrant for former Nissan boss Carlos Ghosn and four others over “misuse of corporate assets and money laundering.”
Ghosn was first arrested on charges of financial misconduct in 2018, for allegedly under-reporting his pay package for the five years to 2015 before fleeing Japan in 2019 and returning home to Lebanon.
Aside from Ghosn, Omani billionaire Suhail Bahwan. Bhawan’s two sons and daughter have also been targeted by the warrant for receiving funds from Ghosn.
Ghosn reportedly diverted US$16.3 million worth of corporate funds to a shell company called Good Faiths Investments to Suhail Bahwan Automobiles (SBA) where a part of it was used to buy a yacht.
Ghosn accused Nissan of colluding with prosecutors to have him arrested because he wanted to deepen ties with Renault.
“This is surprising, Ghosn has always co-operated with French authorities,” said Ghosn’s spokesperson.
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