Japanese prosecutors have re-arrested Carlos Ghosn on fresh allegations of aggravated breach of trust earlier today, diminishing chances of his impending release on bail. According to Automotive News, his re-arrest means Ghosn could be detained for another 10 days in a Tokyo jail, where he has been confined since November 19 on initial allegations of financial misconduct.
The new allegations were reportedly based on suspicions that the Brazilian-born Frenchman had used Nissan to shoulder personal investment losses of about 1.85 billion yen (RM69.4 million) that he had incurred around 2008, Kyodo News said. Ghosn’s lawyer, Motonari Otsuru, was not available for comment.
The dramatic turn of events came just hours after Ghosn – through his lawyer and quoted by Japanese public broadcaster NHK – vowed to restore his good name in court. He also plans to hold a news conference after his release. “Things as they stand are absolutely unacceptable,” he said. “I want to have my position heard and restore my honour in court.”
The auto titan’s arrest has marked a dramatic fall for a leader once revered for rescuing Nissan from the brink of bankruptcy. He has been in detention since November 19, allegedly for grossly understating his income over the period of five years beginning in 2010. He was later charged with the same alleged financial crime over the past three years.
The whole scandal is starting to shake the Renault-Nissan-Mitsubishi alliance, with Nissan CEO Hiroto Saikawa pressing for changes to weaken Renault’s grip. The French automaker holds a 43.4% (fully voting) stake in Nissan since the two entities became strategic partners in 1999.
There was no immediate word on Greg Kelly, who was arrested at the same time over his alleged role in masterminding the whole crime. At the same time, Nissan is also trying to block access to homes used by Ghosn in Beirut and Rio de Janeiro (roughly worth RM36.6 million and RM12.54 million respectively), part of a global network of real estate owned by the carmaker and provided to its ousted chairman.
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Look at how swiftly the Japanese took action!
A world class country made up of world class people , just like the Scandinavian States.
In Malaysia, you ill be awarded Datukship or Tansriship if your company loses money.
Look at all the ex Proton CEOs, all got higher paying jobs in other GLCs as a reward for working in Proton.
Proton bled RM20 billion in bailouts and even until today still losing RM4 million pr day and yet, all the CEOs are all rewarded now with higher paying jobs ie appointed by the Government to run other GLCs
GLC bailouts and donations no problem here
Then all jepunis makes that kirrr pipu must have closed shops too
Japanese are good. Here, dedak speaks. That is why Proton is bankrupt
This is what basher suggested, get a foreign CEO for local companies. Here is the result
Lucky Li Chunrong spotted corruption in Proton and that suppliers and vendors were overcharging Proton 10X. Li spotted this in 6 months
Foreign CEO spotted this while local CEO could not identify this in 20 years also
Should stick to getting a local CEO for local companies. Drb felda Th naza all doin great..
But according to basher logic P1 still loses millions everyday!
Wow. When one dun stick, just throw in another accusation, and perhaps another until one does. Why is it sound so familiar?
The fact is that the old government was corrupted and stole money from the rakyat.
Thank God we rakyat Malaysia voted for a clean goverment to punish the old corrupted government
Bak kata orang lama. Sepandai-pandai katak melompat, akhirnya jatuh ke tanah juga.
Maybe those people he party with and hang out with shouldn’t actually be called his true mates, but also during harsh bad times like now
sound slike frog party hopping. Now all malu and want to join the strong party. Malu
Gloves came off. Japanese no give face to him. Gonna make him spend Xmas in detention. Expect another charge later to ensure he spend New Year in detention.
Hmm… why no repot that Renault din find his salary got any wrongdoing and that they still maintain him as CEO? This is gonna be gud. Frenchy vs Jepunis
This action against Ghosn was taken only after he proposed a merger between Renault & Nissan. It surely stinks of the Jepunis’s arrogance that a foreign company is coming to take them over.
Renault should have left Nissan to rot. If it weren’t for their investment, Nissan would have been dead ages ago.