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Sunday 20 October 2019

Ghosn indicted again: Fourth charge for former Nissan chairman

Allegations: Carlos Ghosn was hit with another charge on the day his latest detention period was due to end. Photo: AFP/Getty Images
Allegations: Carlos Ghosn was hit with another charge on the day his latest detention period was due to end. Photo: AFP/Getty Images

Tim Kelly and Naomi Tajitsu

Japanese prosecutors indicted Carlos Ghosn yesterday on another charge of aggravated breach of trust, a Tokyo court said.

It is the fourth charge against the former Nissan chairman, which his lawyers met immediately with a bail request. The charge came on the day Mr Ghosn's latest detention period was set to expire. Mr Ghosn had been out on bail when authorities arrested him for a fourth time on April 4 on suspicion he enriched himself at a cost of $5m(€4.4m) to the carmaker.

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"We are confident that we have the evidence to successfully prosecute all four cases," an official from the prosecutor's office said.

Mr Ghosn has denied all four of his charges, which include understating his income, and said he is the victim of a boardroom coup. He has accused former colleagues of "backstabbing", describing them as selfish rivals bent on derailing a closer alliance between Nissan and its top shareholder, France's Renault.

The case has rocked the global car industry while shining a harsh light on Japan's judicial system, which critics refer to as "hostage justice" as defendants who deny their charges are often not granted bail. Prosecutors are able to hold suspects for up to 22 days without charge and interrogate them without their lawyers present. In accordance with these terms, prosecutors had to indict or release him by Monday. According to the latest indictment, Mr Ghosn caused a total of $5m in losses to Nissan from July 2017 through July 2018.

Reuters

Irish Independent

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