You are here: Home » Reuters » News
Business Standard

Ghosn not currently fit to lead Renault, says French finance minister

Topics
Business Finance

Reuters  |  PARIS 

PARIS (Reuters) - Carlos Ghosn is no longer fit to lead Renault following his arrest in Japan, said the finance minister of France, which holds a key shareholding in Renault."Carlos Ghosn is no longer in a position where he is capable of leading Renault," French Finance Minister Bruno Le Maire told France Info radio.He added that he wanted Renault to set up an interim management structure in light of Ghosn's arrest.Nissan said on Monday that an internal investigation had revealed that Ghosn engaged in wrongdoing including personal use of company money and under-reporting for years how much he ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, November 20 2018. 13:40 IST
RECOMMENDED FOR YOU