Renault: Police Currently Searching Boulogne Billancourt HQ
03 Juillet 2019 - 12:57PM
Dow Jones News
By Olivia Bugault
Renault SA (RNO.FR) said Wednesday that the police is carrying
out a search at its headquarter in Boulogne Billancourt, in the
western suburbs of Paris.
The French car maker is cooperating with the police, a
spokeswoman from the company said. Renault declined to comment
further on the situation.
Renault has been embroiled in legal troubles after its former
Chief Executive Carlos Ghosn was charged for crimes in Japan
related to financial misconduct.
French prosecutors have also opened an investigation into
allegations that Mr. Ghosn misused the company's funds to pay for a
party at the Palace of Versailles to celebrate his marriage.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
July 03, 2019 06:42 ET (10:42 GMT)
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