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Former Nissan Head Ghosn's Appeal Is Rejected

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TOKYO -- A Tokyo court on Tuesday rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct. In the past, suspects who have been indicted have seldom been freed on bail, but in recent years that has become more common, said Masashi Akita, a defense lawyer. Ghosn’s lawyers say the charge that Ghosn helped himself by converting compensation to deferred pay is flawed because the compensation agreement was not properly ratified, according to a statement by the office of Motonari Otsuru, Ghosn’s lawyer.

Added on the 11/12/2018 07:57:01 - Copyright : Wochit

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