Carlos Ghosn’s Image Under Siege By Lavish Versailles Party Video

Former Renault and Nissan chairman Carlos Ghosn is on a mission to rebuild his public image following his arrest and detention on charges that he concealed and redirected a great deal of money to himself, including through a distributor in Oman.

Meanwhile, auditors are still trying to prove that his spending habits were shady, and a YouTube video of a party organized by Ghosn in March of 2014 at the palace of Versailles might just help their case.

The 8 minute-long video depicts an extravagant party allegedly paid for by Renault-Nissan B.V (RNBV), and while Ghosn’s camp claims that the event was held for business purposes only (a celebration of the 15th anniversary of the alliance), it also happened to overlap with the former chairman’s 60th birthday. Roughly 160 guests attended the venue, including a few Renault and Nissan executives.

Also read: Carlos Ghosn Charged For The Fourth Time By Japanese Prosecutors

While throwing a party for your company or yourself is in no way illegal, Autonews reports that the auditor, Mazars, found out just how much RNBV ended up paying for that event – a staggering 635,000 euros ($712,000).

“The professionally produced video shows guests arriving at the palace of Versailles and strolling through a cordon of historical re-enactors. Inside the palace, they munch on canapes and pose for pictures with men and women in powdered wigs and period costumes. A string ensemble plays classical music in the hall of mirrors, while other musicians greet them in various chambers and bedrooms.

A tuxedoed Ghosn is shown greeting guests at a dining table that spans the length of a hallway. A troupe of dancers provides entertainment during the elaborately choreographed meal. The evening is capped off by a fireworks display.”

The former Renault-Nissan alliance exec is currently awaiting trial in Japan, while still professing his innocence, suggesting that what has happened to him is the result of a “palace coup” orchestrated by Nissan executives who were against his plans to further integrate the Japanese automaker with Renault. Yet, auditors say that they have identified millions of euros in spending that Ghosn may have used for personal affairs, which might include this party at Versailles.

After watching the entire video, we can safely say that this entire event was a little too over the top, especially as far as what it cost. This doesn’t mean that anything illegal took place, but at the same time it might help prosecutors strengthen their case for “mismanagement” of company funds.

 

  • Howfarr

    Johnny English 4: Under Siege

  • Remember those Ronald McDonald Birthday parties you has as a kid? Very similar.

    • Stephen G

      Except in this case the clown was the guest of honor.

  • Meh, Plutocrats will do what Plutocrats do…The pitchforks are out…

  • Six_Tymes

    peanuts as compared to the billions he made Nissan. railroading Ghosn is as stupid as when apple “executives” back in the 90’s actually fired Steve Jobs.

    Idiots at Nissan. I wont buy their cars anymore because of what they are doing to Ghosn

    • Benjamin B.

      Exactly! I suspect there’s a bit of Japanese nationalism and racism involved in going after Ghosn.

      • Stephen G

        That and the whole being a criminal thing.

  • Stephen G

    Goes to show how much cash automakers are raking in. Hugh salaries, lavish parties and atmospheric bonuses. Then they go crying to tax payer for bailouts.

    • Benjamin B.

      Except Ghosn came in and saved Renault. Then he decided to combine with Nissan and save Nissan.

  • db

    Wow, some guys just know how to party.
    IMO Ghosn was on a leash that kept getting longer and longer until Nissan couldn’t control him anymore – that’s when sh*t hit the fan.

    Having said that, Ghosn was a monster that Nissan created.

    • Benjamin B.

      I don’t think he’s a monster. He saved Renault from bankruptcy. Then he saved Nissan from bankruptcy. He got some bonuses. I honestly don’t see what the problem is here. I just see a nationalist, racist Japanese government going after a mixed race Latino Frenchman.

      • db

        Maybe that was a stretch, I should have said monster ego. I cannot argue he did save a sinking ship and brought prosperity back to the company.

        I don’t see any racism here so much as I believe they lost control of him and he was getting carried away with using company profits as his own checking account.

  • jacquelin

    I usually rake in proximately $7224 /monthly from the internet . That is certainly great gain to leave my old life-sucking-in cubical work , Additionally the best thing in regard to it happens to be that I now complete all my business only just two or three hrs in a day which gives me a great deal more of relaxation time in comparison with what I had before with my parents. Here’s how you can start—-> IPLOGGER.ORG/2fdfy5

  • kachuks

    “Rebuild, public image”? He should be more concerned with learning fluent Japanese as he might spend many years in one of their jails.

  • Enter Ranting

    Wow, talk about tone deaf! An extravagant party for rich executives at Versailles!

  • A 🤴🏻 THAT WILL RULE OVER YOU

    STICK TO CARS MORE. THIS HAS NOTHING TO DO WITH CARS

    • SteersUright

      Um, he ran one of the worlds biggest car companies for years. Some of us do find the inner workings of car companies a bit interesting.

  • SteersUright

    He clearly had a G-d complex or something…so much power and wealth for so many years…happens to many in that position for too long. Glad our society’s keep such people in check these days, though we should be ever more vigilant and aggressive.

  • But those 0.1% of the 1%… did they come to the party In Renaults or Nissan? No one asks the real questions!

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