Summary
French carmaker Renault said Thursday it would inform investigators about a transaction it uncovered involving its former boss Carlos Ghosn and the Palace of Versailles, where the auto executive held an extravagant wedding in 2016 . Ghosn's tenure as CEO has come under the microscope since his arrest last November in Japan on charges he under-reported millions of dollars in pay as head of Nissan, Renault's alliance partner.
Ghosn's arrest and continued detention marks a stunning fall from grace for an executive widely credited with forging the Renault and Nissan alliance into the world's top-selling automotive group.
Renault has said its internal investigations have found his pay was in compliance with French law.
But facing the prospect of several more months behind bars before his trial opens, Ghosn last month relinquished his grip as CEO of Renault.
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