New French probe to open into Ghosn's partying and Oman money

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French public prosecution services have said they are to hand their preliminary iinquiries into ex-Renault boss and fugitive Carlos Ghosn's use of company assets, including a party thrown for his wedding at Versailles Palace and transfer of money from a billionaire in Oman to a company in Lebanon owned by Ghosn, to an examining magistrate with wider powers of investigation.

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French prosecutors are set to ask an investigative judge to take over a probe into spending by former Renault SA Chairman Carlos Ghosn, reports Bloomberg.