Legal troubles are piling up for Carlos Ghosn after French carmaker Renault said it had flagged to judicial authorities serious problems with his expenses during his time as chairman of the company. Renault said after a special board meeting that it had informed French authorities “of potential issues concerning payments made to one of Renault’s distributors in the Middle East”. I'm getting ready to tell the truth about what's happening. A Renault logo (David Cheskin/PA)On Wednesday, Renault also said that an internal investigation at the joint venture between Renault and Nissan, called RNBV, “suggest serious deficiencies in terms of financial transparency and expenditure control procedures”. He has won global accolades for turning around Renault and then its alliance partner Nissan over the past two decades.

Source: Irish Examiner April 03, 2019 16:30 UTC