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French govt asks Renault to conduct board meeting to dismiss Carlos Ghosn

Ghosn has been charged over allegations he failed to disclose close to $80 million in additional compensation for 2010-18

Reuters  |  Paris 

The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters. France, Renault's biggest shareholder, had until now supported the company's decision to keep Ghosn in office while he awaits trial in Japan for alleged misconduct at Nissan, the French carmaker's alliance partner he also chaired until his dismissal in November. But the government, which commands a 15 per cent Renault stake and two board ...

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First Published: Wed, January 16 2019. 05:05 IST
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