Hearings begin in Carlos Ghosn's $1 billion lawsuit against Nissan


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Judicial hearings on the $1 billion lawsuit that Carlos Ghosn has filed against Nissan, the auto company he used to head, have begun, with lawyers from both sides meeting the judge charged with overseeing the case in Beirut.

The session lasted for about four hours at the Justice Palace in the Lebanese capital, with lawyers meeting with a judge from the Beirut prosecutor’s office, AP reported.

It is unclear when the next session will be held.

A lawyer for Mr Ghosn did not respond to a request for comment.

Mr Ghosn launched legal action earlier this year against Nissan and 12 individuals.

The lawsuit, seen by The National, seeks $588 million in lost salary and another $500 million in moral damage.

It accuses the defendants of, among other things, defamation, violating the sanctity of his residence and fabricating charges that led to his detention in Japan.

Mr Ghosn was arrested in Japan in November 2018 on charges of breach of trust, misusing company assets for personal gains and breaching security laws by not fully disclosing his compensation.

He was famously smuggled out of Japan in December 2019 in a musical instrument box as he awaited trial.

Mr Ghosn, 69, who has Lebanese, Brazilian and French citizenship, has since lived in Beirut.

Japan and France have issued arrest warrants for him but Lebanon does not extradite its citizens.

He has rigorously denied the charges, claiming they were part of a conspiracy to remove him from his position.

He has also accused the Japanese justice system of being rigged.

In his 20-year tenure at the helm of Nissan, he is credited with turning the industry giant around.

Mr Ghosn previously told The National the accusations levied against him by the company and the raiding of his homes “is for me more than an insult”.

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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
While you're here

Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
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  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
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  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
The biog

Age: 59

From: Giza Governorate, Egypt

Family: A daughter, two sons and wife

Favourite tree: Ghaf

Runner up favourite tree: Frankincense 

Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

UAE currency: the story behind the money in your pockets
Updated: September 19, 2023, 12:59 PM`