Renault board to discuss Ghosn investigation, ex-CEO's pay

April 02, 2019 - 3:04 am

PARIS (AP) — French carmaker Renault SA's board is holding a special meeting to discuss the latest results of its internal investigation into ex-boss Carlos Ghosn, amid new reports about suspicious payments under his watch.

A Renault official told The Associated Press that the board meeting Wednesday will also look into Ghosn's 2018 pay as chairman and CEO of Renault. Ghosn was also chairman of Nissan and headed the two automakers' alliance until his arrest in November in Japan.

Renault's internal investigation is ongoing. The board meeting comes after media reports that the company handed information to French prosecutors about payments worth millions of euros to a Renault-Nissan distributor in Oman.

French prosecutors and Ghosn's lawyers did not immediately comment.

Ghosn, under investigation in Tokyo, has denied wrongdoing.

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