Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyers

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Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyers
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Carlos Ghosn, the fugitive former auto executive, used a joint venture between N...

The lawyers alleged in the arguments submitted to the Dutch court that Ghosn had awarded himself that compensation through the Nissan-Mitsubishi joint venture to offset a cut in his publicly-declared earnings, to which he had agreed when stepping down as Nissan CEO in April 2017.

Nissan-Mitsubishi lawyer Eelco Meerdink said there was also evidence that Ghosn made the alliance pay a personal French tax debt of 498,000 euros in 2018, and that he had arranged a “pre-payment” of his 2019 salary in 2018 to avoid a scheduled increase in Dutch income tax rates.

Ghosn’s legal team claims he was unfairly dismissed as chairman of Nissan-Mitsubishi BV, a Dutch-registered entity, because the details of the allegations were not shared with him. His lawyers say the documents will show the companies were aware of his activities.

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