French judges step up Ghosn probe over palace party, Oman dealings

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French judges step up Ghosn probe over palace party, Oman dealings
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French prosecutors have stepped up their investigation into alleged misappropria...

PARIS - French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation.

It said in a statement on Wednesday a judge would now examine several charges linked to Renault and levelled at an unnamed person or people. A judicial source confirmed that Ghosn was among them.“We will provide our explanations to the designated magistrate after we can finally have access to the case file,” lawyer Jean-Yves Le Borgne told Reuters.

The prosecutor’s office said the case involved suspect financial flows between Renault and a car dealership in Oman, as well as spending on trips and events. Another event at Versailles in 2014, when Ghosn held a corporate party to celebrate the 15-year anniversary of Renault’s alliance with Japan’s Nissan, will now also fall under the scope of the investigation, the judicial source said.

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