Renault's board meets the investigation on Ghosn and his salary

PARIS (AP) – The Renault automaker's board of directors met on Wednesday to settle the latest pay check of former president and CEO Carlos Ghosn, and close his investigation on possible financial faults under his direction.

The meeting at Renault's headquarters in Boulogne-Billancourt, a suburb of Paris, follows new reports of suspicious payments to a Renault-Nissan distributor in Oman under the supervision of Ghosn.

Ghosn denied wrongdoing. On Wednesday, he consulted Twitter on his new verified account to announce that he will hold a press conference on April 11: "I'm getting ready to tell the truth about what's going on."

Ghosn was arrested in November in Japan, where he was also president of Nissan. He has been accused of breach of trust and falsification of financial reports to underestimate his income.

The Renault meeting will finalize the compensation packages for Ghosn and the other executives for 2018. Ghosn's fixed salary at Renault was 1.2 million euros ($ 1.3 million), but he also received a variable compensation based on personal and business performance.

Ghosn has publicly remained silent since being released on bail in Tokyo last month after nearly four months in prison.

His lawyer, Junichiro Hironaka, told reporters on Tuesday that he had seized the Tokyo court to be tried separately from Nissan Motor Co., one of the co-defendants.

Ghosn has been hailed worldwide for revolutionizing Renault, and then its partner in the Nissan alliance, over the past two decades.

He bet that the repression of emissions would end by putting an end to the era of gasoline and diesel engines, he declared champion of the supply of electric cars and autonomous to the mbades, fighting against the resistance of the two companies.