Carlos Ghosn is going to be Indicted on new charges: Source

Apr 20 2019 01:34 PM
Carlos Ghosn is going to be Indicted on new charges: Source

Japanese broadcaster NHK reported that the Carlos Ghosn, who is the former chairman of Nissan and alliance partners Renault SA and Mitsubishi Motors Corp. will be indicted on a new charge on April 21.

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On Friday, the public broadcaster said without identifying sources that prosecutors will indict Ghosn as soon as Monday on new charges of aggravated breach of trust. Monday will be the last day of his most recent detention period, approved by the Tokyo District Court, and is also the deadline for prosecutors to decide whether to indict or release him. The charges are related to activities in the Middle East that funnelled Nissan’s money for Ghosn’s personal gain.

Ghosn has already been charged with breaking the financial instruments law by underreporting remuneration to regulators over a number of years, and with aggravated breach of trust in relation to the alleged transfer of private investment losses to Nissan. He lost his chairmanship posts at Nissan and partners Renault SA and Mitsubishi Motors Corp. during the prolonged detention initiated by his initial arrest in November. He has denied the allegations as well as previously filed charges accusing him of falsifying financial data and breach of trust. Another lengthy stay in prison, with limited access to his lawyers, could make it harder for Ghosn to prepare for a trial that may start later this year or next year.

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