PARIS — Renault said that France’s anti-corruption agency was carrying out checks at the company, though a source at the automaker said the inspection was a routine matter.
French magazine Challenges was first to report the inspection but gave no further details.
One of the remits of the anti-corruption agency is to ensure that French regulations from 2016 are being implemented correctly. The regulations are known as the loi Sapin and are aimed at improving financial transparency. Other businesses have also been targeted by routine checks into internal procedures.
“Renault confirms that it has been informed by (anti-corruption agency) AFA that it is carrying out an inspection of the measures contained in ‘loi Sapin’,” a spokeswoman said on Wednesday.
The company is cooperating with AFA to provide the necessary information and documents, the spokeswoman said.
There was no initial indication that the checks were linked to judicial investigations into former head of the Renault-Nissan alliance Carlos Ghosn.
Renault has been in the limelight over the Ghosn scandal for the past year and the source did not rule out this had raised questions over governance at Renault and prompted a closer look.
Ghosn fled to Lebanon in late December, and the anti-corruption agency’s probe began shortly before then, the source said.
The anti-corruption agency AFA had no immediate comment.