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France demands interim management at Renault

'Ghosn not able to manage company today,' French finance minister says

French Finance Minister Bruno Le Maire attends the inauguration of Renault's new sports car production line in Dieppe last December.   © Reuters

PARIS/TOKYO -- France's finance minister has called on Renault to appoint an interim replacement for Carlos Ghosn as chairman and chief executive, following his arrest on suspicion of financial misconduct in Japan on Monday.

"I am going to demand that interim management is put in place immediately. Carlos Ghosn is not able to manage the company today," said Bruno Le Maire, French finance minister, in an interview with France Info radio. "If the allegations are proved to be true, this would be ... serious."

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