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Nissan's Ghosn crisis

Renault to seek compensation from fugitive Carlos Ghosn

French automaker shifts gears as full-blown probe into former executive begins

Carlos Ghosn, right, then-Chairman and CEO of the Renault-Nissan alliance, visits a Renault plant near Paris in 2013. Renault plans to seek compensation from Ghosn over alleged misappropriation of funds.   © Reuters

PARIS -- Renault plans to seek compensation from Carlos Ghosn, the fugitive former chairman and chief executive officer, over his alleged misappropriation of funds, the French automaker announced on Monday.

It is the first time for the company to express an intention to pursue compensation from Ghosn, who was arrested in Japan in November 2018.

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