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French minister announces Ghosn resignation from Renault

French minister announces Ghosn resignation from Renault | iNFOnews.ca
FILE - In this Feb. 12, 2015, file photo, Chairman and CEO of Renault-Nissan Carlos Ghosn addresses media during a press conference held in Paris. The board of French carmaker Renault SA plans to meet to choose new leadership to replace auto industry powerhouse Carlos Ghosn, fighting fraud charges in Japan. (AP Photo/Jacques Brinon, File)

DAVOS, Switzerland – France’s finance minister says thatCarlos Ghosn, who isfighting breach of trust and other charges in Japan,has resigned as head of Renault.

Ghosnhas been detained for more than two months in Japan.

French Finance Minister Bruno Le Maire said at the World Economic Forum in Davos on Thursday that Ghosn formally handed in his resignation to Renault’s temporary leadership on Wednesday evening.

The board of French carmaker Renault SA is expected to name Jean-Dominique Senard of Michelin as chairman, and Renault executive Thierry Bollore as CEO.

Ghosn denies Japanese accusations that he under-reported income as chairman of Nissan and falsifying financial reports..

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