Carlos Ghosn re-arrested on new allegations

Carlos Ghosn Renault-Nissan

Japanese prosecutors arrested Nissan Motor former chairman Carlos Ghosn again on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, cutting chances he would be released on bail before Christmas. Prosecutors also raided Ghosn’s residence in Tokyo in search of proof, broadcaster TV Asahi stated. The recent twist in this […]

Tokyo court declines prosecutors’ appeal against decision not to extend Ghosn’s detention

Carlos Ghosn Renault-Nissan

A Tokyo court upheld a decision that refused to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK stated on Thursday, a move that brings them nearer to a release on bail. The court turned prosecutors’ appeal against the original decision. Ghosn and Kelly were […]