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Carlos Ghosn: New Charges…Prolonged Custody

The Tokyo prosecutor’s office will demand a new arrest warrant against Carlos Ghosn, on new suspicions of revenue cuts, charges that deny by him and have not yet been transmitted to Renault.

The CEO of the French car manufacturer, removed from office as chairman of the boards of Nissan and Mitsubishi Motors after his arrest in Tokyo on 19 November, has been in custody since to have concealed from the stock market authorities about 5 Billion yen (38 Million euros) of revenue over five years.

The new charges against him, which justify to relaunch a procedure of police custody that can last for 22 days from Monday, 10 December, concern the concealment of income over three years more, for a total of 4 Billion yen (31 Million euros).
The investigations could also be extended to other reasons, Nissan blaming its former savior for having committed abuses of corporate assets, such as the use of luxury residences at group expense.

Mr. Ghosn continues to deny all charges against him.

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