Court bars Ghosn from attending Nissan board meeting

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TOKYO A Japanese court yesterday barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defence against charges of financial misconduct. Nissan removed Ghosn as chief shortly after his shock arrest in November, but he cannot be...

TOKYO A Japanese court yesterday barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defence against charges of financial misconduct.

Nissan removed Ghosn as chief shortly after his shock arrest in November, but he cannot be officially removed from his seat on the board without an extraordinary shareholders' meeting - to take place on April 8. "Mr Ghosn requested to attend the board meeting but the court did not approve his attendance," the Tokyo District Court said.Ghosn's lawyer Junichiro Hironaka said earlier yesterday that his client"had a duty" to attend the meeting and wanted to do so if the court gave the green light.

Mr Hironaka said they may appeal the decision to bar Ghosn, who was released on March 6 on bail of nearly US$9 million .

Source: Law Daily Report (lawdailyreport.net)

 

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