Ghosn Sues Nissan, 12 Execs; Seeks $1-B In Damages

Carlos Ghosn, former head of Nissan Motor Co., sued the company and several executives for ousting him in 2018 and fixing his arrest for fraud.

Photo Insert: Ghosn still faces criminal charges in Japan for what prosecutors describe as a plot to underreport his compensation, as well as a civil lawsuit filed by Nissan in a court in Yokohama seeking damages.

Ghosn filed his claims with the public prosecutor in the Court of Cassation in Lebanon, where he has lived since his dramatic escape from Japan in late 2019 to flee trial.

The arrest of Ghosn, 69, sent shockwaves through the global auto industry and unleashed turmoil within Nissan that continues to this day. Ghosn has minced few words criticizing Nissan and Japan’s legal authorities for removing him from the world’s biggest automaking alliance.

He still faces criminal charges in Japan for what prosecutors describe as a plot to underreport his compensation, as well as a civil lawsuit filed by Nissan in a court in Yokohama seeking damages, Bloomberg News also reported.

The Ghosn lawsuit claims $588 million in lost compensation and costs, as well as $500 million in punitive measures.

Ghosn also sued Hidetoshi Imazu and Hitoshi Kawaguchi, two senior Nissan managers with early involvement in Nissan’s actions against him, Toshiaki Onuma, a manager in the CEO’s office, who along with Nada, cooperated with Japanese prosecutors to avoid prosecution and Masakazu Toyoda and Motoo Nagai, two Nissan board members.

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