DUTCH COURT ORDERS GHOSN TO RETURN 5M EUROS TO NISSAN-MITSUBISHI

Carlos Ghosn, the one-time boss of carmaker Nissan, was ordered to pay back nearly 5 million euros ($6.1 million) to Nissan-Mitsubishi by a court in the Netherlands.

Nissan-Mitsubishi is a joint venture between the two Japanese automakers based in the Netherlands, according to earlier reports. The amount he must repay is equal to the net compensation he received from the company between April and November 2018, ruled the court.

Because he had no employment contract for that period, he is not entitled to any compensation or other payments after his departure.

Ghosn has been employed by Nissan International Holding since July 2012, but that contract expired in April 2018.

The former head of the Renault-Nissan-Mitsubishi Motors alliance was arrested in Tokyo in November 2018 and was charged with breach of trust and falsifying financial documents to under-report his income for years.

He was released on bail in April 2019. Ghosn, who denies that allegation, fled Japan for Lebanon at the end of 2019 under dubious circumstances. Lebanon has no extradition treaty with Japan.

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