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Prosecutors rearrest ex-Nissan chief Carlos Ghosn on fresh allegations of breaching trust

  • Prosecutor said the new allegations were based on suspicions that around October 2008, he shifted personal trades to the carmaker
  • The move comes a day after a Tokyo court unexpectedly rejected prosecutors’ request to extend Ghosn’s detention, meaning he could be free by Friday

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Former Nissan Motor Corp chief executive Carlos Ghosn has been rearrested on fresh trust-related allegations. Photo: EPA
Reuters

Japanese prosecutors rearrested Nissan Motor Company’s ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder US$16.6 million in personal investment losses, dashing chances he would be released on bail imminently.

The move comes a day after a Tokyo court unexpectedly rejected prosecutors’ request to extend Ghosn’s detention, which raised the possibility that he could go free on bail as early as Friday.

The rearrest means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct.

The Tokyo prosecutor said the new allegations were based on suspicions that around October 2008, Ghosn shifted personal trades to the carmaker, so that he could avoid paying for 1.85 billion yen (US$16.6 million) in losses.

His lawyer, Motonari Otsuru, was not available for comment. The lawyer has previously declined to return calls regarding the Ghosn case.

Businessmen and businesswomen leave an office building as a huge display shows breaking news about the detention of former Nissan Motor chief executive Carlos Ghosn in Tokyo. Photo: EPA
Businessmen and businesswomen leave an office building as a huge display shows breaking news about the detention of former Nissan Motor chief executive Carlos Ghosn in Tokyo. Photo: EPA
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