Japan court rejects Ghosn appeal on extended detention

Business | 18 Apr 2019 6:02 pm

Japan’s top court has rejected an appeal by former Nissan Chairman Carlos Ghosn’s lawyers against his extended detention after his fourth arrest on allegations of financial misconduct.

The decision yesterday, conveyed to foreign media on today, turns down the appeal by Ghosn’s lawyers against an extension of his detention through April 22 that was approved Monday by the Tokyo District Court.

Ghosn, first arrested in November, was released March 6 on bail, but was arrested again on April 4.

He is charged with under-reporting his retirement compensation and with breach of trust. He denies any wrongdoing.

Ghosn led Nissan for two decades, turning around the company from near-bankruptcy. Last week, Nissan’s shareholders voted to remove him from Nissan’s board.-AP

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