Carlos Ghosn’s Detention Extended until Jan 11 by Tokyo Court
Asia, News

Carlos Ghosn’s Detention Extended until Jan 11 by Tokyo Court 

Nissan Motor Co chairman’s detention has been extended by 10 days until Jan. 11 by the Tokyo District Court. The ruling came out on Monday.

Carlos Ghosn has been accused of financial misconduct and breach of trust. He is facing allegations of making Nissan shoulder 1.85 billion yen ($16.8 million) in personal investment losses.

After the latest extension, Ghosn will continue to remain in the main detention centre of Tokyo, where he has been confined since Nov. 19 – his first arrest. He has been re-arrested twice since his first arrest over allegations of reporting his Nissan salary falsely for a long period of time. He has denied the allegations.

A spokesman from Nissan said the company is not in a position to make a comment on the latest developments of the case. “The company’s own investigation is ongoing, and its scope continues to broaden,” the spokesman said.

The judgment to extend the detention of Carlos Ghosn by 10 days came right before his latest allegation period was about to get over on Tuesday. The judgment followed the release of Greg Kelly, former Nissan executive, on bail last week after the demand of extending his detention was ruled out by a court.

Kelly, too, was arrested in November on the accusation of underreporting Ghosn’s Nissan salary for five years. He has denied the allegations.

Despite Carlos Ghosn and Greg Kelly having being fired as the chairman and representative director of Nissan respectively, both continue to be a part of board members and can only be removed by the shareholders.

The auto industry and Nissan’s ties with Renault SA, French auto making partner, have been affected badly with Ghosn’s arrest. However, Ghosn continues to serve as the chairman and CEO of Renault SA.

Japan’s criminal justice system has also come under international scrutiny post Ghosn’s arrest. The justice system has been severely criticised for keeping the suspects in detention for a long period and not allowing defence lawyers to be present during interrogations.

Carlos Ghosn has been detained at the Spartan Tokyo Detention Centre.

Related posts

Leave a Reply

Required fields are marked *