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Ex-Nissan boss Carlos Ghosn hit with new charges

by Purvai Dua
11th Jan 19 11:26 am

The former boss of Nissan, Carlos Ghosn, has been indicted on two new charges of financial misconduct, according to local reports.

The Nikkei business daily said that Ghosn, who has been detained since November, has been charged with aggravated breach of trust for temporarily transferring personal investment losses to Nissan in 2008, and for understating his compensation for three fiscal years through March 2018.

Ghosn’s lawyers said they had applied for his release on bail, but the court was not expected to rule until at least Tuesday and could still choose to hold the executive for months.

Earlier this week, Ghosn told a Tokyo court he was innocent in his first public appearance since his arrest, and appealed for his detention to end. But the court rejected the request.

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