PARIS -- Renault says it is investigating a sponsorship deal with the Chateau de Versailles, near Paris, that included a 50,000 euro ($57,000) personal benefit to former Chairman Carlos Ghosn.
The automaker now plans to alert French prosecutors, it said in a statement, confirming an earlier report in Le Figaro.
Renault's sponsorship of Versailles' renovations also covered the rental of the Grand Trianon palace for Ghosn's 2016 wedding reception, the French daily reported.
The automaker replaced Ghosn as chairman and CEO on Jan. 24, more than two months after his arrest in Japan over allegations of financial misconduct at Nissan, Renault's 43.4 percent-owned affiliate.
Renault is conducting an internal probe into its own payments to Ghosn in the wake of his arrest. Until now, it had yet to flag any financial irregularities.
The investigation has "identified that Mr. Ghosn was accorded a personal benefit valued at 50,000 euros under the terms of a sponsorship contract with the Chateau de Versailles," Renault said on Thursday.
"Renault has decided to bring these findings to the attention of the judicial authorities," it said.
The Oct. 8, 2016 wedding reception hosted by Ghosn and his second wife, Carole, attracted public attention for its opulence and Marie Antoinette-themed costumes.
The Renault board's ethics committee was informed about the discovery on Wednesday, as reported by the newspaper, a source with knowledge of the matter told Reuters.
Ghosn remains in detention in Japan with limited opportunity to respond publicly to allegations against him.
Renault needs to show "total transparency" as it probes its business practices, including the sponsorship deal with the Chateau de Versailles, finance minister Bruno Le Maire said on Thursday.
"The audit into Renault has started, it is starting to bring out results, I had personally demanded that audit," Le Maire added to reporters at a business event in Paris.
