Former Nissan Chief Indicted on New Charges, Seeks Bail

Former Nissan Chief Indicted on New Charges, Seeks Bail

While declining to comment on specifics, Deputy Chief Prosecutor Shin Kukimoto told reporters that indicted suspects are usually detained for several months. Chairman Carlos Ghosn on Friday on an additional charge of aggravated breach of trust for transferring his private losses to the automaker.

The former executive, lauded for rescuing Nissan from the financial brink two decades ago, was charged with aggravated breach of trust for temporarily transferring personal investment losses to Nissan in 2008.

Carlos Ghosn was hit with a third set of charges on Friday.

On Dec. 10, prosecutors indicted all three for allegedly not reporting 4.9 billion yen ($45.3 million) in deferred compensation in the 2010-2014 fiscal years.

Kitamura said he expects Ghosn and Kelly to be tried together on the two charges of understating income, and that he will work closely with Ghosn's legal team.

Mr Ghosn, the architect of the Renault-Nissan alliance, is accused of moving personal investment losses worth 1.85bn yen (£13.4m; $17m) racked up on foreign exchange dealings to Nissan.

"I recently learned that my husband is suffering from a high fever at the detention center in Tokyo, but my information is limited to news reports as no one in his family has been allowed to contact him since November 19", the statement by Ghosn's wife Carole said.

Motonari Otsuru confirmed that Ghosn had been indicted on the fresh allegations and said he would "shortly request his release on bail".

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She has also been seen out and about over the past couple of weeks, which would be unlikely if she were pregnant. Catherine is thought to have celebrated her birthday with a low-key event at Kensington Palace on Wednesday.

Ghosn denied all the charges against him at a Tuesday court hearing, his first public appearance since being detained November 19 with Kelly.

A prosecutor's office spokeswoman said the charges against Ghosn carry a maximum prison sentence of 15 years. Nissan has dismissed Kelly from his role as a representative director.

Suspects in Japan are routinely held for months until trials start, and Tokyo prosecutors maintain that Ghosn, a Brazilian-born Frenchman of Lebanese ancestry, is a flight risk.

Since his arrest, Ghosn has been removed as chairman by Nissan and Mitsubishi.

"The review process has examined the compensation of the current Groupe Renault Executive Committee members for the financial years 2017 and 2018 and has concluded that it is both in compliance with applicable laws and free from any fraud", it said in a statement.

Renault's most powerful shareholder, the French state, says Ghosn is presumed innocent until proven guilty and has demanded Nissan share the evidence it's collated against him. The indictment also alleges that Ghosn used company funds to repay a Saudi acquaintance who put up collateral for the contracts.

On Wednesday, a court rejected a request by his lawyers to end Ghosn's detention after he appeared before a judge for the first time on Tuesday and pleaded his innocence.

"I look forward to continuing to assist Nissan in its investigations", Munoz said in the post.

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