Renault Security Boss Arrested
Renault has apologised to the three senior executives from its electric vehicle division who were sacked and accused of spying for China.
The carmaker’s security boss was arrested as he boarded a plane for West Africa. He is under judicial investigation for alleged organised fraud.
Paranoid bosses at Renault have now pledged to restore the “honour” of the three men it accused of spying. The three, who were suspended by Renault after the accusation, were Michel Balthazard, director of advanced engineering; Bertrand Rochette; and Matthieu Tenenbaum, deputy director of the electric cars division, the BBC reports. (more…)