PARIS (Bloomberg) – Renault SA said it wrongfully dismissed three executives accused of spying after French prosecutors found no substance in a complaint by the carmaker against the former employees.
CEO Carlos Ghosn and Chief Operating Officer Patrick Pelata plan to meet with the executives, promising compensation for "serious personal harm" to their reputations and careers, Renault said in an e-mailed statement Monday.
The statement went on to say that Ghosn and Pelata "present their sincere apologies and regrets, personally and in the name of Renault" to the men, "who were wrongly accused in this affair."
Authorities in Switzerland and Liechtenstein have confirmed that the men didn't have bank accounts in those countries, as Renault had claimed, for their alleged spying activities, Paris Chief Prosecutor Jean-Claude Marin said Monday at a press conference. The probe will now shift to looking into possible fraud by another Renault employee, he said.