Nissan's Carlos Ghosn indicted on two new charges

Nissan's Carlos Ghosn indicted on two new charges

Nissan's Carlos Ghosn indicted on two new charges

His chief lawyer has said that Ghosn could theoretically be detained for a minimum of another six months, citing the complexities of the case and said that bail is unlikely to be granted as he has unequivocally denied all allegations against him.

"We believe that there was enough to charge and go to trial", he said of Ghosn's case, "and he will be guilty".

Kelly, a Ghosn ally, was hospitalized for treatment of a pre-existing neck problem after his release and has since been discharged, said his lawyer Yoichi Kitamura.

Japan's prosecutors have faced criticism for a lack of clarity and communication on how they are handling the case, with Ghosn held in detention without charge for longer than would be permitted in the United Kingdom for a suspected terrorist.

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.

Myanmar court rejects Reuters reporters' appeal against 7-year sentence
The journalists were working on an investigation into the killing of 10 Rohingya Muslim men and boys in a village in the state. A Myanmar court has rejected an appeal by two Reuters reporters convicted of breaking a state secrets act in September.

The breach of trust charge alleges that 1.8 billion yen ($16.7 million) in damage was caused to Nissan through transactions made by Ghosn, and that $14.7 million was paid to the Saudi businessman.

A prosecutor's office spokeswoman said the charges against Ghosn carry a maximum prison sentence of 15 years.

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.

Ghosn's wife, Carole, painted a glum picture of her husband's state, saying she's fearful for his health and that he's been denied access to his family since the November 19 arrest in Tokyo.

Nissan said Friday it has filed its own criminal complaint against its former chief "on the basis of Ghosn's misuse of a significant amount of the company's funds". "We are fearful and very anxious his recovery will be complicated while he continues to endure such harsh conditions and unfair treatment", she said.

Winter Storm Warning Continues, Heaviest Snow Tracking North
A Winter Storm Watch has been issued for portions of the region where there is potential for 5 or more inches of snow. A snowy Saturday! You've likely been exercising your snow blowers or snow shoveling muscles throughout the day.

Both Ghosn and Nissan have been accused of violating Japan's Financial Instruments and Exchange Act for the misstatements submitted during the three years in question.

Jose Munoz, widely considered as a close ally to Ghosn and a possible successor to lead the automaking partnership between Nissan and France's Renault SA, had been a "person of interest" in Nissan's widening internal investigation. Suspects are often re-arrested on suspicion of new charges periodically to keep them in custody while prosecutors attempt to build a case, and bail is the exception more than the rule.

His arrest came after a months-long investigation by Nissan into his conduct, a probe that was largely kept from its French partner.

Ghosn's former aide and Nissan director Greg Kelly - arrested the same day as the auto industry icon - was released from jail last month and taken to a hospital afterwards, Kyodo News reported earlier. Nissan later said it remained committed to the alliance.

On Thursday, the boards of Nissan and controlling shareholder Renault, where Ghosn remains chairman, met for an update on the matter.

Rookie police officer in Northern California shot and killed
Firefighters at a nearby station provided immediate medical help before Corona was rushed to the UC Davis Medical Center. She was considered a " rising star " with the police force, Davis Enterprise newspaper reporter Lauren Keene tweeted.

Related news