The fall of former Nissan CEO Carlos Ghosn is so packed with drama and intrigue that it could be a movie.

The luxury vessel became a symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn.

Nissan just won the first round of its boat battle with disgraced former chairman and current indicted fugitive Carlos Ghosn. Basically, this fight was all about who owned the 121-foot pleasure cruiser Ghosn paid for with millions he is accused of illicitly taking from Nissan (NSANY).

Carlos Ghosn remains in Lebanon while facing an Interpol Red Notice and legal troubles. A court in the British Virgin Islands ruled Ghosn misappropriated $32 million from Nissan. Nissan has vowed to hold Ghosn accountable for his alleged misconduct through legal action.

The Carlos Ghosn saga continues, this time with the disgraced former CEO being told to pay Nissan US$32m (A$46m) and give back a superyacht.