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Carlos Ghosn Must Be Charged By April 22


TOKYO -- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5 million. Ghosn, who had been released on $9 million bail in early March after spending 108 days in jail, has denied all allegations against him.

Added on the 12/04/2019 08:46:50 - Copyright : Wochit

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  • Carlos Ghosn Jailed Until April 22

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    12/04/2019 - Wochit
  • Ghosn Said To Have Improperly Charged Renault For Scooter

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  • Nissan To Boot Ghosn From Board In April

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  • Carlos Ghosn To Be Charged A 3rd Time

    TOKYO (Reuters) - Japanese prosecutors plan to indict former Nissan Motor Co Ltd (7201. T) Chairman Carlos Ghosn on two more charges of financial misconduct on Friday, a person with knowledge of the issue said, bringing the total number to three. The charges, which have been widely expected, add to an earlier charge of under-reporting his income by around half through 2015. At a court appearance earlier this week, Ghosn said all accusations against him were “meritless” and “unsubstantiated”. It is uncommon for defendants in Japan who deny charges to be granted bail ahead of trial, a tendency which has drawn widespread criticism, including from Ghosn’s defense team.

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  • Nissan Charged In EX-CEO Scam

    On Monday, Tokyo prosecutors charged Nissan's former chairman Carlos Ghosn with fraud. The prosecutors also charged another executive, Greg Kelly, and the automaker itself for allegedly underreporting income. As Per the AP, the charges imposed Monday involve allegations Ghosn's pay was underreported by about $44 million between 2011 and 2015. Prosecutors said earlier that the allegations were the reason for Ghosn's arrest on Nov. 19. Nissan Motor Co. confirmed the charges against it in a statement. Nissan says making false disclosures greatly harms the company's integrity.

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