TOKYO:Nissan is suing Carlos Ghosn for $90m (£70m), stepping up the legal battle against its former chairman after his arrest and dramatic flight from Tokyo to Lebanon.
The Japanese carmaker said it was seeking to recover costs from Ghosn’s “corrupt” actions, including the personal use of private jets, using residential property without paying rent and making payments to his sister and personal lawyer using company accounts.
Nissan said on Wednesday it hoped to “recover a significant part of the monetary damages inflicted on the company by its former chairman as a result of years of his misconduct and fraudulent activity”.
The civil lawsuit, brought in a Yohe civil lawsuit, comes on the eve of Nissan’s results announcement. Makoto Uchida, the new chief executive, wants to turn the struggling company around as it faces additional disruption from the coronavirus outbreak, which has forced it to shut a factory owing to a parts shortage.
The company could report its first quarterly loss in more than a decade on Thursday because of falling sales.
Ghosn remains in Lebanon after fleeing bail in Tokyo in December by private jet. After arriving in Lebanon, a country where he had been lionised as one of the most prominent citizens in business, Ghosn claimed he was a victim of a “rigged Japanese justice system”. Lebanon has no extradition treaty with Japan.