French-Lebanese auto tycoon Ghosn hit with fresh charges in Japan | Eurasia Diary - ednews.net

22 May, Wednesday


French-Lebanese auto tycoon Ghosn hit with fresh charges in Japan

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Japanese authorities on Monday hit former Nissan boss Carlos Ghosnwith a fresh charge of aggravated breach of trust, the fourth formal indictment against the auto sector tycoon who immediately filed for bail.

The Tokyo District Court confirmed that prosecutors had filed the new indictment and hours later said that Ghosn's crack legal team had filed a request for the executive to be released on bail.

The 65-year-old strenuously denies all allegations against him and insists they have been cooked up in a "plot" by Nissan executives wary of his plans to bring the Japanese car giant closer to its French partner Renault.

According to the formal charge sheet, Ghosn is accused of funnelling millions in Nissan funds to a dealership in the Middle East and syphoned off around $5 million dollars for his personal use.

The New Arab

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