Lebanese judicial officials say hearings in the $1 billion lawsuit filed by auto tycoon Carlos Ghosn against Nissan and other defendants have started in Beirut
BEIRUT — Hearings in the $1 billion lawsuit filed by auto tycoon Carlos Ghosn against Nissan and other defendants started in Beirut on Monday with lawyers of both sides meeting the judge in charge of the case, judicial officials said.
The former Nissan CEO filed the case against Nissan in May in Beirut, alleging he was detained in Japan in 2018 on false charges because of what he calls the automaker's disinformation against him. The 69-year-old Ghosn is seeking half of the $1 billion in damages and half for compensation including salary, retirement funds and stock options.
Ghosn is also seeking monetary compensation from a Nissan affiliate based in Lebanon, as well as from entities that took part in the investigation leading up to his arrest.
He was arrested in Japan in November 2018 on charges of breach of trust, misusing company assets for personal gains and violating securities laws by not fully disclosing his compensation. In December 2019, he jumped bail in Japan in a daring escape by hiding in a box spirited aboard a private jet out of the country.
He now lives in Lebanon, which has no extradition treaty with Japan and does not extradite its citizens. Renault and Nissan have both been distancing themselves from the Ghosn scandal. Ghosn has citizenship in Lebanon, France and Brazil.
In a session that lasted about four hours at the Palace of Justice in Beirut, lawyers representing Ghosn and Nissan met with Judge Sabbouh Suleiman at the Beirut prosecutor’s office, the officials said on condition of anonymity in line with regulations. None of the lawyers or the
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