Japanese prosecutors have charged the former Nissan chairman Carlos Ghosn with aggravated breach of trust, bringing a fourth charge against him on the day his detention period was about to expire.
Related: Carlos Ghosn Talks About Nissan Conspiracy in Video Message
This latest charge ensures that Ghosn will remain in custody pending another bail attempt by his lawyers. It comes after authorities arrested him earlier this month for the fourth time on suspicion that he used a total of $5 million for himself at Nissan’s expense.
Ghosn, who was released on $9 million bail last month after spending 108 days in jail, has denied all allegations against him. His defense team has launched a public battle against the prosecutors, calling the latest arrest “illegal” in documents witnessed by Reuters. Earlier this month, Ghosn also released a 7-minute video statement in which he claims that there is a conspiracy against him.
Related: Downfall Of Carlos Ghosn Set To Unleash A Power Struggle
On the other hand Nissan recently filed a criminal complaint after determining that payments made by the carmaker to an overseas vehicle sales company through a subsidiary had been directed by Ghosn for his personal enrichment. A spokesman for the company said it believed it had been harmed by Ghosn’s misconduct.
“Such misconduct is completely unacceptable, and Nissan is requesting appropriately strict penalties.”
The three other charges Ghosn faces are related to allegedly understating his income and allegedly transferring personal investment losses to Nissan.
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com