Carlos Ghosn not fit to lead Renault: French Finance Minister
Carlos Ghosn is no longer fit to lead Renault after his arrest in Japan, French Finance Minister Bruno Le Maire said. Ghosn was arrested after Nissan said he engaged in wrongdoing including personal use of company money and under-reporting compensation. Ghosn is Renault's Chairman and CEO, Nissan and Mitsubishi Motors' Chairman, and the Chairman and CEO of the Renault-Nissan-Mitsubishi Alliance.