TOKYO • Tokyo prosecutors have filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon..
TOKYO • Tokyo prosecutors have filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon.
Lawyers for the former jet-setting executive filed a bail application hours after the new charges were revealed yesterday, but have acknowledged that he will probably be detained until a trial.
Ghosn, 64, denies any wrongdoing and argued in a dramatic first court appearance on Tuesday that he has been „wrongly accused and unfairly detained“.
He was already facing a first charge for allegedly under-reporting his compensation over five years to the tune of five billion yen (S$62.4 million) in official documents to shareholders.
The charges filed yesterday alleged that the under-reporting continued for another three years.
And they include a charge of „aggravated breach of trust“ over a complex alleged scheme in which Ghosn is said to have tried to transfer losses on foreign exchange contracts to Nissan’s books.
As part of the scheme, he is accused of also using company funds to repay a Saudi acquaintance who put up collateral for the contracts.
