Renault says board to meet 'shortly' after Ghosn arrest in Japan

Renault's headquarters in Boulogne Billancourt, France. Renault's lead independent board member said in a statement the company was awaiting "precise information" from chief executive Carlos Ghosn. PHOTO: AFP

PARIS (AFP) - French automaker Renault said Monday (Nov 19) that its board would meet "very shortly" after its chief executive Carlos Ghosn was reportedly arrested in Japan for under-reporting his pay at Nissan, where he is also chairman.

Philippe Lagayette, the lead independent board member, said in a statement the company was awaiting "precise information" from Ghosn and expressed its "dedication to the defence of Renault's interest" in its alliance with Nissan and Mitsubishi.

Join ST's Telegram channel and get the latest breaking news delivered to you.