Nissan CEO says Renault should also end Ghosn’s duties

Renault’s board of directors, when it has access to the complete file on Carlos Ghosn, will draw the same conclusions as Nissan when the latter terminated his functions as chairman, said the general manager of the Japanese car manufacturer in Les Echos. .

Nissan CEO says Renault should end Ghosn's duties

Renault’s board of directors (shareholder of Challenges), when he has access to the complete file on Carlos Ghosn, will draw the same conclusions as Nissan when the latter terminated his functions as chairman, said the general manager of the Japanese car manufacturer in Les Echos.

“All I want is that the directors of Renault also have access to the complete file, to the facts,” said Hiroto Saikawa in an interview with the economic newspaper. “I think when they do, they’ll come to the same conclusion as we do.”

“Duty to terminate one’s functions”

“We understand that Renault’s board of directors did not have access to the content of the file itself, it seems by virtue of this principle of presumption of innocence,” he added. “Once again, I recognize the full validity of this principle but I also consider that (…) there are behaviors which are not acceptable for a leader so that it was our duty to terminate his functions. ”

Unlike Nissan and Mitsubishi, Renault has chosen to retain Carlos Ghosn in his role as CEO, opting for interim management after his arrest in Japan on November 19 on charges of financial embezzlement at Nissan.

“Crucial” alliance

The diamond group said last Thursday that its internal investigation had not discovered fraud in the 2017 and 2018 financial years, and that the mission would continue in previous years.

In this interview with Les Echos, Hiroto Saikawa also described the alliance between Renault and Nissan as “crucial”, adding that the priority was “to stabilize things and to work in confidence, not to know if Nissan should be able to exercise rights. votes at Renault ”. He also assured that the fact that the French state is a shareholder of Renault “does not (pose to Nissan) any problem.”

(With Reuters)