French prosecutors have opened a preliminary inquiry into how former Renault chi...
PARIS - French prosecutors have opened a preliminary inquiry into how former Renault chief Carlos Ghosn financed his 2016 wedding, the Figaro newspaper and Agence France-Presse said on Monday.
The French carmaker said last month it had found evidence, following an internal probe, that it had footed some of the bill. It established in its own investigation that a 2016 Renault sponsorship deal with the Chateau de Versailles outside Paris included a 50,000 euro personal benefit to Ghosn, and said it would alert prosecutors.
Ghosn was ousted as the head of Nissan and later removed as Renault CEO after his arrest in Japan last November over allegations of financial misconduct linked to his salary. He was released on a $9 million bail only last week.The former executive has denied any wrongdoing associated with the wedding.
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