Famed former Nissan chief Carlos Ghosn has lost a legal battle against the Amsterdam-based Nissan-Mitsubishi alliance in Dutch courts.
The case was brought by Ghosn who filed a claim against the company, stating that it had violated Dutch labor laws when they dismissed him. He demanded 15 million euros ($18.2 million) in compensation.
Instead, the Dutch court found that Ghosn did not have a valid employment agreement as the board member, who signed his employment contract, did not have the power to do so.
Consequently, the former chairman was ordered to repay back to the company a 5 million euro ($6.1 million) salary he had received in 2018.
In a written statement, a spokesperson for Ghosn announced that he would appeal the verdict so that witness testimonies could be heard, adding that they were “satisfied with the court verdict which ruled out any bad faith from Mr. Ghosn.”
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