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France Issues Arrest Warrant, For Disgraced Auto Tycoon Ghosn

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French prosecutors have issued an international arrest warrant for disgraced auto tycoon Carlos Ghosn, who fled Japan in 2019 for Lebanon in a gripping escape.

 
France Issues Arrest Warrant, For Disgraced Auto Tycoon Ghosn

The prosecutor's office in the Paris suburb of Nanterre said Friday that it issued the warrant for the former head of Nissan and Renault and four other people based on an investigation opened in 2019 into money laundering and abuse of company assets. Prosecutors are investigating millions of dollars in alleged suspect payments made between the Renault-Nissan alliance and Suhail Bahwan Automobiles (SBA), a vehicle distributor company in Oman.

The former head of the Nissan-Renault alliance fled to Lebanon in 2019, while out on bail facing financial misconduct charges in Japan. He denies wrongdoing. Ghosn said he learned about the new warrant Friday via the media, and noted that he's barred from leaving Lebanon anyway. "I'm ready to defend myself," he told France's BFM television.

He repeatedly insisted that he did not receive any money from the Oman distributor and that there was "no embezzling." The Nanterre prosecutors' office described this as the next step in the ongoing investigation, one of two separate cases involving Ghosn in France. In an interview last year with The Associated Press, Ghosn was confident, energized and determined to fight to restore his reputation. A statement sent Friday to the AP from his PR team called the French warrant "surprising", and suggested that it was ineffective as Ghosn "is subject to a judicial ban on leaving Lebanese territory". Lebanon does not extradite its citizens. Ghosn has citizenship in Lebanon, France and Brazil.

(PTI)

Read more about: france
Story first published: Saturday, April 23, 2022, 11:00 [IST]
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