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The contested ex-boss of Renault, Ghosn, reimbursed 50,000 euros for the wedding in Versailles

Issued on: 08/02/2019 – 15:07Modified: 02/08/2019 – 16:22

Carlos Ghosn, the previous chairman and CEO of French automaker Renault, introduced on Friday that he was able to “refund” a € 50,000 reward from the Palace of Versailles, which is reportedly given up in connection along with his lavish marriage ceremony the royal property.

Jean-Yves Le Borgne, Ghosn’s French legal professional, stated Ghosn paid for his marriage ceremony bills, however used the room with out realizing that there is perhaps a charge.

“The operate area at Versailles was made obtainable to him freed from cost and Mr Ghosn was unaware that using the area can be charged towards the use allotted by Renault,” he stated in an announcement on Friday.

Ghosn will reimburse Versailles for the lease, his spokeswoman Devon Spurgeon stated.

On Thursday, Renault issued an announcement stating so An organization investigation had proven that Ghosn had personally benefited from an “change price 50,000 euros as a part of a philanthropic settlement” with Versailles. Renault stated it might alert French judicial authorities to the reward.

The automaker started investigating Ghosn’s earlier actions after he was arrested in Tokyo in November on prices of falsifying monetary studies and breach of belief. Ghosn – lengthy some of the influential executives within the world auto trade – denies wrongdoing.

The French newspaper Le Figaro reported that Versailles allowed Ghosn to host his 2016 marriage ceremony reception on the premises in change for Renault’s donations to the fortress that homes the final kings of France.

The fortress stated Renault has allotted € 2.3 million to fund renovations as a part of a 2016 philanthropic deal. In return, Renault was entitled to advantages from the fortress price as much as 25 p.c of the full donation.

As a part of this settlement, Renault requested for permission to lease a spot within the Grand Trianon villa on the Versailles web site for a “dinner” on October 8, 2016, the fortress stated in an announcement. It was estimated that the lease was price € 50,000.

Versailles officers wouldn’t touch upon whether or not Ghosn himself made the request or confirmed that the dinner was certainly his marriage ceremony reception.

Investigation of the alliance between Renault and Nissan

In the meantime, an official on the automaker stated Renault and Nissan are additionally conducting a joint investigation into Ghosn’s actions as the pinnacle of the alliance between them, the Netherlands-based Renault-Nissan BV.

Ghosn led each Renault and Nissan and championed their alliance because it grew to change into the world’s best-selling automaker. He has seen a tremendous fall since his arrest.

Renault initially stood by Ghosn, however final month appointed a brand new CEO and chairman to exchange him as its Japanese litigation drags on.

The Japanese case incorporates suspicions that Ghosn underestimated his revenue as chairman of Nissan and falsified monetary studies. Ghosn stated different executives have declined to forge nearer ties between Nissan and Renault that had been deliberate towards him.

(FRANCE 24 with AP)

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