PARIS—French prosecutors issued international arrest warrants for Carlos Ghosn as well as four individuals they say are linked to an auto dealer in Oman, alleging they helped the fallen auto titan funnel millions of euros from Renault SA, according to people familiar with the matter.

An investigating magistrate issued five international arrest warrants against Mr. Ghosn, the former chief of Nissan Motor Co. and Renault, and the current owners or former directors of the Omani company Suhail Bahwan Automobiles, a vehicle distributor in Oman, the prosecutor’s office in the Paris suburb of Nanterre said to The Wall Street Journal. They allege Mr. Ghosn funneled millions of dollars of Renault funds through the Omani car distributor for his personal use, including for the purchase of a 120-foot yacht.

To Read the Full Story

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

David Marcus, Head of Meta’s Cryptocurrency Project, Steps Down

David Marcus, a longtime Meta Platforms Inc. executive who worked on messaging…

King Von’s Debut Album Reaches the Top 5 After His Death

Late last month, the 26-year-old Chicago rapper King Von released his debut…

Protests against Covid lockdowns sweep China, posing challenge to Xi’s government

Officials said Saturday that restrictions in parts of Xinjiang, including Urumqi, would…

Carl Nassib doesn’t think his NFL coming out a big deal. And it’s not big — it’s huge.

Carl Nassib uttered it so nonchalantly — almost like a shrug. “I…