Tuesday 23 April 2019

Nissan ex-chairman Ghosn’s appeal over detention turned down

His detention has been approved through until April 22 but can be extended.

Carlos Ghosn (Sadayuki Goto/Kyodo News via AP)
Carlos Ghosn (Sadayuki Goto/Kyodo News via AP)

By Associated Press Reporter

Japan’s Supreme Court has turned down an appeal by lawyers for Nissan’s former chairman Carlos Ghosn to end his detention following his arrest for the fourth time on financial misconduct allegations.

Ghosn was arrested in November and released on bail last month, but was re-arrested on April 4.

He has been charged with falsifying financial documents in under-reporting his retirement compensation and with breach of trust in allegedly dubious payments.

Ghosn has said he is innocent, noting that the compensation was never decided and that the payments were legitimate.

His detention has been approved through until April 22 but can be extended.

It is unclear when his trial will start.

Ghosn led Nissan for two decades, rescuing it from the brink of bankruptcy.

Press Association

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