Ghosn’s detention extended by 10 days through Jan 1

Sun, 2018-12-23 04:35

TOKYO: Former Nissan boss Carlos Ghosn will be spending
Christmas and the beginning of 2019 behind bars after a Tokyo court
on Sunday extended his detention through to January 1.
“Today, a decision was made to detain (Ghosn). The full term of
the detention will expire on January 1,” the Tokyo District Court
said in a statement to media.
The move by the court comes as Tokyo prosecutors continue to grill
the automobile tycoon over allegations that he shifted a personal
investment loss worth more than $16 million to the Japanese
The Franco-Brazilian-Lebanese executive had earlier had hopes of
being freed on bail after the same Tokyo court rejected a bid last
week by prosecutors to extend his detention over allegations
related to under-reporting his income.
But on Friday, prosecutors slapped Ghosn with a fresh arrest
warrant over the investment loss, gaining a 48-hour period to keep
him in custody before the latest extension was granted.
He has reportedly denied the allegations, asserting that
transactions were carried out legally.
His lengthy detention — in Japan, suspects can be
“re-arrested” several times over different allegations — has
sparked criticism, especially from abroad.
His original November 19 arrest for alleged financial misconduct
sent shockwaves through the business world.
Since then, the once jet-setting executive has languished in a tiny
cell in a detention center in northern Tokyo, where he has
complained about the cold and the rice-based menu.

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Nissan’s Ghosn re-arrested, chances of imminent bail dashedTokyo
court does not extend Ghosn’s detention, may soon release him
Source: FS – All-News-Economy
Ghosn’s detention extended by 10 days through Jan 1