Hindustan Times (Patiala)

Nissan may block Ghosn’s access to Rio flat

- Reuters n feedback@livemint.com

: Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.

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

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

A Brazil court has granted Ghosn access to the property, owned by Nissan, in the Copacabana neighbourh­ood, but the company said in a statement on Sunday that it was now petitionin­g a higher court to reverse the decision.

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

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

“Nissan identified serious misconduct related to the reporting of Mr. Ghosn’s compensati­on. The company has been providing informatio­n to the Japanese Public Prosecutor­s Office and has been fully cooperatin­g with its investigat­ion. We will continue to do so,” the Nissan spokesman said.

 ?? AP/FILE ?? Former Nissan chairman Carlos Ghosn
AP/FILE Former Nissan chairman Carlos Ghosn

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