Renault-Nissan Scandal Reaches Fever Pitch Ahead of Macron-Abe Meeting | WHAT REALLY HAPPENED


Renault-Nissan Scandal Reaches Fever Pitch Ahead of Macron-Abe Meeting

The recent arrest of former Nissan chairman Carlos Ghosn over suspected financial misconduct has put the 19-year alliance between the French and Japanese automotive giants under immense strain.

Elysee Palace has confirmed that French President Emmanuel Macron and Japanese Prime Minister Shinzo Abe would meet Friday at the G20 Summit in Buenos Aires to discuss the Ghosn case, Reuters has reported, citing a palace official.

Earlier Friday, Japanese media reported that ex-Nissan Motor Co chairman Carlos Ghosn's incarceration would be extended for another 10 days, following his arrest November 19 along with fellow alleged co-conspirator Greg Kelly, another Nissan director, on fraud charges. Prosecutors accuse Ghosn of deliberately understating his salary by some 3 billion yen ($27 million) between 2015 and 2017, a crime which may land him in prison for up to 10 years.

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