Nissan seeks to block Ghosn’s access to property in Brazil

by SpeedLux
Carlos Ghosn Renault-Nissan

Nissan stated it was looking to block former chairman Carlos Ghosn’s access to an apartment located in Rio de Janeiro, mentioning a risk that the executive, arrested and eliminated from his role for financial misconduct, may remove or destroy proofs.

Brazilian-born Ghosn has been arrested in Tokyo since his November 19 arrest on suspicion of conspiring with former Nissan Representative Director Greg Kelly to understate his earnings by about half of the actual 10 billion yen ($88 million), during five years from 2010.

Tokyo authorities extended their detention until the maximum December 10 for the alleged offense.

A Brazil court has granted Ghosn access to the property, owned by Nissan, located in the Copacabana neighborhood, however the company stated on Sunday that it was now petitioning a higher court to reverse the decision.

“Nissan has been collaborating with authorities to investigate misconduct on the part of its former chairman, and is collaborating to prevent the destruction of any potential evidence that could occur by allowing access to residences in question,” a Nissan spokesman stated.

A person close to the Tokyo prosecutors’ office informed Reuters that Ghosn, Kelly and Nissan itself  are going to be indicted as early as Monday.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.