Latest news with #RenaultNissan
Forbes
9 hours ago
- Politics
- Forbes
Ex-Renault, Nissan Boss Ghosn To Face Corruption Trial In Paris
France's Minister of Culture, Rachida Dati (L) and former Nissan Chairman Carlos Ghosn are to face ... More trial accused of corruption and abuse of power. Photo: JULIEN DE ROSA,JOSEPH EID/AFP via Getty Images. After escaping from the fire of Japanese justice in a box, former Nissan and Renault kingpin Carlos Ghosn will now face the frying pan of French justice over corruption charges. Ghosn and former French Minister for Culture, Rachida Dati will stand trial after a long-running investigation into alleged corruption via consultancy fees paid to Dati more than 10 years ago. Ghosn, who escaped Japanese justice (or, if he is to be believed, 'injustice') in 2019 after being detained via house arrest for allegedly defrauding Nissan, is to face trial on a date to be set by a Parisian court in September. Ghosn is now more famous for escaping Japan in a box, flying from Japan to Lebanon by private plane after plot masterminded by Mike Taylor (no relation to the author) and his son, Peter. (Both men were extradited from the USA to Japan and were jailed for their roles in the escape.) Ghosn remained untouched because Lebanon has no extradition treaty with Japan. Similary, Lebanon has no extradition treaty with France… The charges stem from the circumstances of consultancy payments made to Dati when she was a member of the European Parliament, and whether she gave any legitimate consultancy advise to earn her fees from Renault-Nissan BV - the entity which oversaw the alliance of Renault and Nissan.
Bloomberg
19 hours ago
- Business
- Bloomberg
Carlos Ghosn, French Minister Set to Face Corruption Trial
By and Gaspard Sebag Updated on Save Carlos Ghosn, the former Nissan and Renault chief who once escaped Japan in a box, must stand trial alongside French culture minister Rachida Dati over alleged corruption tied to consultancy fees she received more than a decade ago. The escalation follows a long-running probe into payments to Dati when she was serving as a lawyer and member of the European Parliament. The case is expected to center on whether she provided any genuine advisory work in return for the money she received from Renault-Nissan BV, the Amsterdam-based entity created to coordinate the carmakers' alliance.
Times
20 hours ago
- Business
- Times
French minister and fugitive tycoon face trial over ‘corruption pact'
Rachida Dati, France's ambitious culture minister, and Carlos Ghosn, the fugitive car tycoon, have been sent for trial over an alleged €900,000 corruption pact. The move will cast a shadow over Dati's campaign to become mayor of Paris next year and add to the legal woes besetting Ghosn, the former chief executive of Renault and Nissan who fled to Lebanon in 2019 after being charged with financial misconduct in Japan. Both deny wrongdoing. Prosecutors allege that when Ghosn, 71, headed the Renault-Nissan alliance, he paid Dati, 59, then an MEP, €900,000 to carry out lobbying work on the companies' behalf in the European parliament between 2010 and 2012. MEPs are not allowed to engage in such lobbying work. However, Dati and Ghosn say the payments were consultancy fees to help with the group's expansion in the Middle East and north Africa, which was legal. The 175-page indictment says investigators could find no trace of Dati's consultancy activities, however. Dati has been charged with corruption, influence peddling, breach of trust and receiving the proceeds of abuse of power. Ghosn is accused of breach of trust, abuse of power, corruption and influence peddling. Le Monde said a preliminary hearing was due in September and the trial is likely to be scheduled next year, after March's council elections. The timing leaves Dati facing the prospect of having to campaign in the mayoral race against a background of corruption allegations. Polls suggest that the centre-right minister is an overwhelming favourite to succeed Anne Hidalgo, the socialist incumbent, who is her longtime rival. A political street fighter, Dati will almost certainly seek to shrug off the case, but internal opponents are waiting to pounce if her campaign is derailed. Foremost among them is Michel Barnier, the EU's former Brexit negotiator who was a short-lived prime minister last year. • The fugitive CEO Carlos Ghosn on how he escaped jail in Japan Although, like Dati, a member of the centre-right Republicans, Barnier wants to stand in a by-election in the wealthy Paris constituency that is her backyard. His initiative, seen as a stepping stone to the mayoral race, has infuriated Dati, who has indicated that she will run against him. The trial is a fresh setback for President Macron, who lured Dati into his centrist government in January 2024 although she had previously been critical of him. With her tough-talking style she is one of the few ministers well known to voters in what is otherwise widely viewed as a weak, ramshackle cabinet.
Arab News
a day ago
- Business
- Arab News
France's culture minister to be tried on corruption charges
'We will appeal this decision today,' Dati's lawyers, Olivier Baratelli and Olivier Pardo, saidDati, a daughter of working-class North African immigrants, was defiant in comments made Monday ahead of the decisionPARIS: France's Culture Minister Rachida Dati is to go on trial accused of corruption and abuse of power while she was a European Parliament member, a judicial source told AFP on a high-profile minister who holds ambitions to become Paris mayor next year, was placed under investigation in 2019 on suspicion she lobbied for the Renault-Nissan car group while at the European Union 59, denies the allegations. She did not respond to an AFP request for comment.'We will appeal this decision today,' Dati's lawyers, Olivier Baratelli and Olivier Pardo, told a daughter of working-class North African immigrants, was defiant in comments made Monday ahead of the decision.'I will lead you to victory. Some people are trying to attack me over my private life, over many aspects that are collateral to my candidacy,' said Dati, who is mayor of the French capital's 7th district that is home to most French ministries, the country's parliament and many foreign embassies.'I am not afraid of anything or anyone.'Dati, who was justice minister under right-wing leader Nicolas Sarkozy from 2007 to 2009, will remain in the government, said an associate of President Emmanuel Macron.'The president has taken note of the decision to refer Rachida Dati to the criminal court. As a referral is not a conviction, she will continue her work,' said the associate on condition of is accused of accepting 900,000 euros ($1 million) in lawyer's fees between 2010 and 2012 from a Netherlands-based subsidiary of Renault-Nissan, but not working for them, while she was an MEP from 2009 to have sought to determine whether she carried out banned lobbying for the carmaker at the European their order signed on Tuesday, a copy of which was seen by AFP, the investigating magistrates said that Dati's activities in parliament 'amounts to lobbying,' which 'appears incompatible with both her mandate and the profession of lawyer.'Initially placed under the more favorable status of assisted witness — a step before being indicted — in 2019, Dati was charged in has since repeatedly sought to have the charges investigating magistrates also ordered that Carlos Ghosn, the former Renault-Nissan chairman and chief executive, be tried, the judicial source 71-year-old, who has been living in Lebanon for years after escaping arrest in Japan, has also rejected the charges against him.A hearing on September 29 will decide on the date of the trial, the source to another source following the case, the trial could be held after the Paris municipal elections in March next year.'She will go until the end,' Jean-Pierre Lecoq, mayor of the French capital's 6th district and one of Dati's close associates, said on who headed the Renault-Nissan alliance, was arrested in Japan in November 2018 on suspicion of financial misconduct, before being sacked by Nissan's jumped bail the following year and made a dramatic escape from Japan hidden in an audio-equipment box, landing in Beirut, where he remains as an international and France have sought his lawyers did not respond to a request for comment.
LBCI
a day ago
- Politics
- LBCI
France's culture minister to be tried for corruption: Judicial source
France's Culture Minister Rachida Dati is to go on trial accused of receiving payments from Renault-Nissan while she was a member of European Parliament, a judicial source told AFP Tuesday. Dati, a 59-year-old whose ambition is to become Paris mayor next year, was charged with corruption and abuse of power in 2019, allegations she denies. AFP
