2024-01-23 19:18:48
After his arrest in Japan at the end of 2018 and his flight to Lebanon, the ex-Renault boss went to court to claim his rights to a “top pension”, in a gross amount of 774,774 euros per year.
Former Renault boss Carlos Ghosn will not be entitled to his “retirement hat» of 775,000 euros, according to a decision of the Court of Cassation consulted Tuesday by AFP. After his arrest in Japan in November 2018, and his incredible flight to Lebanon, Carlos Ghosn went to court to demand his rights to a “retirement hat“, these retreats “over-complementary» financed solely by the company, for a gross amount of 774,774 euros per year.
The businessman believed he had been forced to “put an end to his mandates» to allow Renault to operate, given his arrest. But Renault saw his departure as a resignation, and not a retirement, which canceled his retirement rights. Carlos Ghosn lost before the Nanterre commercial court, then on appeal in Paris in December 2021. In a decision rendered on December 20, 2023, the Court of Cassation confirmed the previous decisions, L’argus de l’assurance said on Tuesday .
Read also“Escape Ghosn”: Carlos Ghosn’s spectacular escape becomes a hilarious comic strip
Targeted by three arrest warrants
According to the Court, “the beneficiary of a defined benefit supplementary pension with random rights has no acquired right to receive this supplementary pension until his or her retirement pension rights have been liquidated and it has not been established that he meets the condition of completing his career within the company».
Carlos Ghosn was arrested at the end of 2018 in Japan where he was to be tried for alleged financial embezzlement when he was head of the Renault-Nissan group. Carlos Ghosn, 69, proclaims his innocence and denounces from Beirut a “conspiracy» hatched, according to him, by Nissan with the support of the Japanese government, to bring it down and thus avoid a closer union with Renault.
The Franco-Lebanese-Brazilian businessman is the subject of three arrest warrants: the first in Japan for financial embezzlement; a second in Nanterre (near Paris) for misuse of corporate assets and organized gang money laundering, in connection with the Omani distributor Suhail Bahwan Automobiles (SBA). A third warrant was issued in Paris in July 2023 for corruption and abuse of corporate assets: the investigating judges suspect him of having had 900,000 euros paid via a Renault subsidiary to the lawyer and politician Rachida Dati, who has since become Minister of Culture, to hide lobbying activity in the European Parliament while she was a Member of Parliament there.
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