Nissan, Mitsubishi: Ghosn got improper pay

Mitsubishi board considers new allegations against Ghosn

The investigation said he received the compensation without any discussion with other board members of the joint venture.

The logo of Mitsubishi Motors Corp is displayed at the company's showroom in Tokyo, Japan.

Renault executives and French government officials were planning to meet Nissan Chief Executive Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their partnership in the wake of alliance Chairman Carlos Ghosn's arrest.

Ghosn - once the driving force behind the Alliance of Renault, Nissan and, later, Mitsubishi sits so since the 19th century.

Kei Umebayashi, a lawyer who led the probe at Mitsubishi Motors, told reporters that testimonies during interviews with people concerned found that Ghosn created the venture for the goal of receiving remuneration illegally.

A civil suit could seek losses related to the alleged use of company funds to pay for the executive's residences, donations to universities, and payments to a Saudi businessman who sources previously said helped Ghosn out of financial difficulties.

According to the statement, the payment Ghosn received was "hidden" from Mitsubishi but was discovered through the disclosure of information by Nissan.

The companies conducted a joint investigation into the behavior of Ghosn, who is now languishing behind bars in Japan thanks to an ever-increasing heap of financial-crimes charges.

Mitsubishi became the third partner in the alliance between Nissan and Renault SA in 2016, when Nissan took a stake of 34 percent.

The latest findings may further pressure Renault into dismissing Ghosn as its CEO and chairman at a board meeting it is expected to convene soon.

Mr Ghosn's arrest at Tokyo's Haneda airport has jolted the world's biggest auto alliance, raising questions over whether their partnership will survive his downfall.

Last week, he insisted he had been "wrongly accused and unfairly detained" as he appeared publicly in court for the first time since his arrest.

France's second main vehicle maker Renault is working on the "future governance" to replace the company's scandal-hit Chairman and Chief Executive Carlos Ghosn who risks to remain in Japan's jail for a long period over financial wrongdoings, the company said on Thursday.

Ghosn this week lost his bid for bail, and will have to cool his heels in a Tokyo jail until his trial begins, in March at the earliest, but possibly later.

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