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Former Renault Chief Exec Raises Concerns Over Administration Issues at Nissan

Renault’s ex-CEO Thierry Bollore, who was removed in October, had sought to flag alleged conflicts of interest and governance problems at the firm’s Japanese alliance associate Nissan before his exit.

Citing a letter from October 7 addressed to Nissan’s panel, of which he was member, France’s Le Monde newspaper stated Bollore had questioned the agency’s internal probe surrounding former union boss Carlos Ghosn.

Renault and Nissan had been left floundering by Ghosn’s arrest in Tokyo a year ago on financial wrongdoing charges, which he refuses. They’ve since tried to reboot their strained ties by revamping their administration teams, including by preventing them from Ghosn allies and removing people in prime jobs at the time of the scam.

Bollore – who stepped up at the French car manufacturer when Ghosn left even though he was known for his close connections to the alliance founder – was eventually pushed out as Renault’s chief executive on October 11, days after writing his letter.

Nissan spokesperson Azusa Momose denied there were any breaches in its internal probe of Ghosn’s affairs and added that the firm had evaluated its processes once again following Bollore’s letter.

Bollore mentioned in the letter that he was particularly concerned by the disclosure that Nissan had a list of 80 managers involved in financial dealings similar to the ones attributed to Ghosn.

He further raised issues with the chain of command at Nissan, saying some vital board members had sometimes been not told about the internal affairs.

Renault, which is still looking for a permanent replacement for Bollore as CEO, had no quick comment.

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Bethany Pike

Bethany is working as the lead of the automobile column, and she is a student of physics and a very knowledgeable person. She is one of the youngest person working here. She is a total bookworm and loves spending her leisure time in the library reading books of all genres. The best part about her is she believes in manually searching out information for her articles, which makes them unique.

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