Renault keeps Carlos Ghosn at helm despite financial misconduct charges

Company says all payments to Ghosn between 2015 and 2018 were compliant with the law

The French carmaker Renault has retained Carlos Ghosn as its chairman and chief executive after finding no irregularities in his pay packages, despite his arrest and continued detention in Japan.

Renault said on Thursday that its board had reviewed payments to Ghosn between 2015 and 2018. All payments were “in compliance with applicable law” as well as the French corporate governance code, it said.

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