TOKYO – Japanese prosecutors said Monday they have indicted Nissan’s former chairman Carlos Ghosn with additional charges of breach of trust, with his alleged misconduct…
TOKYO – Japanese prosecutors said Monday they have indicted Nissan’s former chairman Carlos Ghosn with additional charges of breach of trust, with his alleged misconduct expanding outside Japan.
The indictment was followed by a request from Ghosn’s lawyers for his release on bail, the Tokyo District Court said.
The charges filed Monday are his fourth. They are related to payments by a subsidiary of the Japanese automaker that allegedly went to a private investment company controlled by Ghosn.
The indictment was expected and it ensures he will remain in detention longer. Ghosn’s current period of detention would have expired Monday if he had not been charged.
The Tokyo District Prosecutors’ Office said in a statement that Ghosn caused $5 million in financial damage to Nissan by siphoning off half of $10 million that he had a Nissan subsidiary transfer to an overseas sales agent for the automaker in 2017 and 2018.
