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Nissan's Ghosn crisis

Renault and Nissan hire auditor to probe Dutch joint venture

Mazars will look into compensation-related problems at alliance headquarters

The Dutch unit coordinates the alliance between the French and Japanese automakers.   © Reuters

PARIS -- Renault and Nissan Motor have reportedly tapped French auditor Mazars for an investigation into possible misconduct at the Dutch joint venture that coordinates the automakers' alliance.

The auditor will look for evidence of compensation-related problems or misuse of company assets at Renault-Nissan BV following the arrest of alliance chief Carlos Ghosn, Bloomberg reported on Wednesday.

While Renault is conducting its own probe into the joint venture, it may have decided that an independent examination was also necessary.

French labor union confederation CGT recently expressed concern about payments to an executive at Renault-Nissan BV. Mouna Sepehri, executive vice president of the CEO office at Renault and reportedly a close aide to Ghosn, is said to have received a total of 500,000 euros ($571,000) from the joint venture.

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