Ghosn hit with fresh charge in Japan

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Lawyers for former Nissan boss Carlos Ghosn on Monday applied for bail after authorities hit the auto tycoon with a charge of aggravated breach of trust -- his fourth formal indictment.

Lawyers for former Nissan boss Carlos Ghosn on Monday applied for bail after authorities hit the auto tycoon with a charge of aggravated breach of trust — his fourth formal indictment.by Richard CARTER

The 65-year-old strenuously denies all allegations against him and insists they have been cooked up in a “plot” by Nissan executives wary of his plans to bring the Japanese car giant closer to its French partner Renault. Experts believe these are the most serious charges yet against Ghosn since he was dramatically arrested on November 19 as he landed in his private jet at a Tokyo airport.

The rollercoaster case of the executive, once revered in Japan for saving Nissan from the brink of bankruptcy, has gripped the business world and shone a spotlight on the Japanese legal system that has come in for some criticism especially from abroad. Nissan says an internal investigation uncovered “substantial evidence of blatantly unethical conduct” by the former chairman.

 

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