immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Industry Executives: Renault Sa and Marie Antoinette

industry executives: But while renowned as an industry cost cutter, he spent lavishly on himself, thanks to multi-million-dollar salaries from Renault, Nissan and Mitsubishi, according to CTV. Ghosn's October 2016 wedding to his second wife at the Grand Trianon in Versailles, once favoured by Marie Antoinette, featured actors in 18th century attire, a towering wedding cake and mounds of treats. Ghosn turned around France's Renault SA and then Japan's Nissan Motor Co., eventually linking them in an alliance with Mitsubishi Motor Corp. in their top-selling venture. Like the queen, the man once seen as a king among industry executives in France and Japan has flashed out like a dying star. Prosecutors say he is suspected of underreporting his income by 44 million over five years. Ghosn, 64, was arrested on Nov. 19 in Japan for allegedly falsifying his financial reports and misusing funds at Nissan Motor Co. (www.immigrantscanada.com). As reported in the news.