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France warns against 'exorbitant' payoff for ex-Renault boss Carlos Ghosn

Ghosn resigned from his Renault role last week under pressure from the French government following his arrest in Japan

Carlos Ghosn, among the most prominent auto-industry leaders globally and CEO of Renault SA, was detained over a suspected breach of Japanese financial law
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Carlos Ghosn, among the most prominent auto-industry leaders globally and CEO of Renault SA, was detained over a suspected breach of Japanese financial law

Reuters
France's finance minister said on Sunday a severance package for former Renault chief Carlos Ghosn, forced to resign in a financial scandal, should not be "exorbitant" and that the French state would follow the matter closely.
 
Renault, which this week appointed a chairman and chief executive tandem to replace Ghosn, has yet to finalise its former boss' severance package, a potentially explosive issue in France where the government is facing protests over low pay and inequality.
 
"No one would understand if the severance pay of Carlos Ghosn were exorbitant," Bruno Le Maire told France Inter radio.
 
"We are going to