Nissan cancels lease on ex-Chairman Ghosn’s Tokyo apartment

Takashi Aoyama | Getty Images

Pedestrians stroll previous an enormous display exhibiting pictures of Former Nissan Motor Co. Chairman Carlos Ghosn in a information program on Jan. 8, 2019 in Tokyo, Japan.

Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn’s luxurious apartment in Tokyo, Ghosn’s authorized staff stated on Friday, because the Japanese automaker cuts ties with the chief following his arrest in November.

Nissan confirmed it had despatched Ghosn’s Japan-based authorized staff a termination discover on his residence in Azabu, one among Tokyo’s priciest neighborhoods, on Monday, the newest step in ending its relationship with Ghosn, who’s going through monetary misconduct fees in Japan.

In the wake of Ghosn’s arrest, the automaker can be planning to terminate different agreements beneath which it had been offering residences to Ghosn, an individual with data of the difficulty advised Reuters, together with the lease settlement on an apartment in Amsterdam.

In addition, it’s not making funds on his residence in Paris, the particular person added on situation of anonymity as a result of sensitivity of the matter.

Nissan was not instantly obtainable to remark on the extra residences.

As chairman of Nissan, Renault and Mitsubishi Motors, the globe-trotting Ghosn had entry to a string of residences world wide, together with further houses in Beirut and Rio de Janeiro.

Tokyo prosecutors are anticipated on Friday to indict Ghosn on two new monetary misconduct fees, including to his authorized challenges. Ghosn has denied all the allegations towards him.

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