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Former Nissan chairman Ghosn to be detained till New Year

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Former Nissan chairman Ghosn to be detained till New Year

A court in Tokyo approved on Sunday a request from prosecutors to extend the detention for Carlos Ghosn, the ousted chairman of Nissan Motor Co., till Jan. 1, 2019.

Axar.az reports citing Xinhua.

The approval came after Ghosn was served with a fresh arrest warrant Friday for allegedly having the Japanese automaker shouldering his personal investment losses of some 1.85 billion yen (17 million U.S. dollars).

It was the third arrest warrant for Ghosn following the ones for claims that he had underreported remuneration in securities reports.

Ghosn was initially arrested on Nov. 19 for allegedly understating about 5 billion yen (45 million dollars) of his 10-billion-yen compensation during the five years through March 2015.

He was given a second arrest warrant on Dec. 10 for allegedly understating an additional 4.27 billion yen (38.4 million dollars) for the three years through March this year.

Under the Japanese law, a suspect could be detained for up to 23 days for an arrest warrant served by police and 22 days for a warrant served by prosecutors. As authorities can add charges with fresh warrants, a person could be detained indefinitely if approved by a court.

Date
2018.12.23 / 22:18
Author
Axar.az
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