Once hailed as a corporate saviour for rescuing Nissan from the brink of bankruptcy, Ghosn was facing a trial in Japan over a series of alleged crimes, including under-reporting his compensation to the tune of around $85 million. He believes Nissan turned on him because executives there were concerned he was moving the firm closer to French partner Renault, part of a three-way alliance with Mitsubishi Motors. A source close to the executive scoffed at the firm’s latest move. This suit was announced the day before the financial results of the group are published,” said this source, who asked not to be identified. “We note that after calling for months for damages of 35 billion yen, today Nissan is demanding a lower sum (10 billion yen),” added this source.

Source: New Strait Times February 12, 2020 11:26 UTC