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

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.

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