Hearings in $1 billion claim submitted by automobile magnate Carlos Ghosn versus Nissan start in Beirut

Hearings in $1 billion claim submitted by automobile magnate Carlos Ghosn versus Nissan start in Beirut

Lebanese judicial authorities state hearings in the $1 billion suit submitted by automobile magnate Carlos Ghosn versus Nissan and other offenders have began in Beirut

ByBASSEM MROUE Associated Press

September 18, 2023, 11: 44 AM

FILE - Former Nissan executive Carlos Ghosn speaks during an interview with The Associated Press in Beirut, Lebanon on June 23, 2023. Lebanese judicial authorities have questioned two people at the request of Turkey on suspicion of being involved in the 2019 escape of auto tycoon Carlos Ghosn from Japan to Lebanon, judicial officials said Friday, Sept. 8, 2023. (AP Photo/Hassan Ammar, File)

FILE – Former Nissan executive Carlos Ghosn speaks throughout an interview with The Associated Press in Beirut, Lebanon on June 23,2023 Lebanese judicial authorities have questioned 2 individuals at the demand of Turkey on suspicion of being included in the 2019 escape of vehicle magnate Carlos Ghosn from Japan to Lebanon, judicial authorities stated Friday, Sept. 8,2023 (AP Photo/Hassan Ammar, File)

The Associated Press

BEIRUT — Hearings in the $1 billion claim submitted by automobile magnate Carlos Ghosn versus Nissan and other accuseds began in Beirut on Monday with legalrepresentatives of both sides conference the judge in charge of the case, judicial authorities stated.

The previous Nissan CEO submitted the case versus Nissan in May in Beirut, declaring he was apprehended in Japan in 2018 on incorrect charges since of what he calls the automaker’s disinformation versus him. The 69-year-old Ghosn is lookingfor half of the $1 billion in damages and half for payment consistingof income, retirement funds and stock alternatives.

Ghosn is likewise lookingfor financial payment from a Nissan affiliate based in Lebanon, as well as from entities that took part in the examination leading up to his arrest.

He was apprehended in Japan in November 2018 on charges of breach of trust, misusing business properties for individual gains and breaking securities laws by not completely revealing his settlement. In December 2019, he leapt bail in Japan in a bold escape by concealed

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