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Nissan's Ghosn crisis

French judges step up Ghosn probe over palace party, Oman dealings

Formal investigation to start over alleged misuse of funds

A judge has been assigned to launch a formal probe into former Nissan chairman Carlos Ghosn.   © Reuters

PARIS (Reuters) -- French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation.

The prosecutor's office in Nanterre, on the outskirts of Paris, had since last year been looking into a party Ghosn had thrown for his wife at the sumptuous Versailles palace among other financial dealings.

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