Nissan ex-chair Ghosn's detention extended after arrest

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A Japanese court has approved the detention of former Nissan Chairman Carlos Ghosn through April 14 after his fourth arrest over financial misconduct allegations.

Prosecutors' request for the detention was approved by the Tokyo District Court on Friday. Prosecutors can ask for another 10-day extension.His lawyer Junichiro Hironaka said arresting his client again was unfair when Ghosn had cleared the bail conditions.

The latest arrest is on suspicion that $5 million of funds sent by a Nissan subsidiary, meant for an Oman dealership, was diverted to a company effectively controlled by Ghosn.

Source: Law Daily Report (lawdailyreport.net)

 

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