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Nissan blamed Ghosn probe for CEO no-show in Amsterdam: sources

Reuters  |  PARIS/TOKYO 

By Laurence and Tim Kelly

PARIS/TOKYO (Reuters) - told its was unable to attend an meeting because he was assisting Tokyo prosecutors investigating alleged misconduct led by Carlos Ghosn, of the carmakers' alliance, sources with knowledge of the matter told

was informed by a this week that "Saikawa was unable to come to because of the Japanese judicial investigation", one of the people said.

The Nov. 29 meeting, which Saikawa joined by teleconference, failed to name an interim alliance boss. Ghosn's earlier arrest and ouster as triggered a push by Saikawa to weaken Renault's control of the partnership.

The message to did not specify whether Saikawa was barred from travelling, had agreed to remain in the country or had a scheduling conflict with voluntary meetings with investigators.

A Renault declined to comment. A Nissan was unavailable outside Japanese business hours.

Ghosn remains in detention after a months-long internal Nissan investigation resulted in allegations that he had under-reported income and made personal use of company funds. Nissan is 43.4 percent-owned by Renault and in turns controls Mitsubishi Motors, the third alliance partner.

Saikawa's signature appears on some compensation documents examined by prosecutors, but it is unclear whether he was aware of their content, Japanese media including the newspaper reported, citing sources close the investigation.

Prosecutors plan to indict Ghosn, alleged co-conspirator and Nissan on Monday, rival daily Nikkei reported.

(Reporting by Laurence and Tim Kelly; Additional reporting by and Linda Sieg; Editing by Mark Potter)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 07 2018. 16:22 IST
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