The court refused to extend the arrest of Carlos GhosnDecember 20, 2018
The court rejected the request of the Japanese prosecutor’s office to extend the sentence of the former head of the automobile alliance Renault-Nissan-Mitsubishi
The arrested former head of the Renault-Nissan-Mitsubishi car alliance, Carlos Ghosn, may soon be released on bail. This was reported by NHK. According to him, the court rejected the request of the Japanese prosecutor’s office to extend the sentence of Carlos Ghosn. Thus, a top manager can be released on December 21st. Also released from arrest may be a former member of the board of directors of Nissan Greg Kelly, who is involved in the same case.
At the moment, the former head of the automotive alliance Renault-Nissan-Mitsubishi Carlos Ghosn is under arrest. Japanese prosecutors accused the 64-year-old top manager of concealing revenues in the amount of 5 billion yen (about $ 44 million).
The prosecutor’s office believes that Ghosndeclared only half of his income within five years. In this case, the undeclared funds should have been paid to the top manager as a severance pay after leaving the company. Under Japanese law, the severance pay must also be declared. Also, the Tokyo Prosecutor’s Office has filed charges against former Nissan board member Greg Kelly.
Carlos Ghosn himself refused to plead guilty to financial fraud. During interrogations, he declared his innocence to the investigators. Ghosn stressed that he did not underestimate the amount of his income in the reports for the exchange.
Carlos Ghosn was dismissed as chairman of the board of directors of Nissan Motor Co. November 22. In addition, Greg Kelly, a member of the board of directors, who is also suspected of financial fraud, was also dismissed. Later, the leadership of the Japanese automaker Mitsubishi also decided to dismiss Carlos Ghosn from the post of chairman of the board of directors. The Board of Directors of the company will be headed by Osamu Masuko.
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