Print Edition - 2019-02-11 | MONEY
Renault knocks Nissan over Ghosn probe
Feb 11, 2019-
Lawyers for French carmaker Renault have criticised their Japanese alliance partner Nissan for its handling of an internal probe into the Carlos Ghosn scandal, a Sunday newspaper has reported.In a letter to Nissan dated January 19, the lawyers said they had “serious concerns about the methods used” by the company and its legal team, including the way they treated some Renault employees, according to France’s Le Journal du Dimanche.
Former head of the alliance Ghosn is being held in Japan on charges he under-reported millions of dollars in pay as head of Nissan.
“Renault has gathered sufficient evidence to understand and regret the methods used by Nissan and its lawyers to seek interviews with Renault employees through the Japanese public prosecutor’s office,” they said.
Nissan was seeking “evidence to support allegations against Carlos Ghosn after his arrest” and failed to consult its French partner, according to the newspaper.
The firm also tried to search Ghosn’s apartments in Brazil, Lebanon and the Netherlands without informing Renault, the letter added.
A Nissan spokesman told AFP on Sunday that the letter which they received weeks ago has “already been reviewed and fully addressed in a series of verbal and written responses from Nissan’s external attorneys.”
“The communications in question do not reflect the current state of discussions with Renault and its lawyers,” said Nissan spokesman Nicholas Maxfield. “Nissan... has always welcomed an open and direct dialogue with its partners to help uncover relevant facts”, he added.
The executive’s arrest in November has exposed rifts between Renault and Nissan, which some analysts say was bristling at Ghosn’s efforts to bring the two automakers’ operations even closer together.
Ghosn was the linchpin of the three-way alliance, which also included Mitsubishi Motors, earning industry plaudits for driving together a sometimes fractious threesome with headquarters 10,000 kilometres apart.
Much of the tension between the partners stems from a complex ownership structure that gives Renault 43 percent of Nissan, whereas Nissan owns just 15 percent stake in the French company—and no voting rights.
Published: 11-02-2019 12:27