Arab News

‘Ghosn to be indicted on fresh charge’

- AFP Tokyo Reuters

Tokyo prosecutor­s will indict former Nissan chief Carlos s Ghosn on a new charge on Monday when his detention period od over suspected financial misconduct conduct expires, local media reported rted on Friday.

The 65-year-old is being g questioned in a Tokyo o detention center over er allegation­s he siphoned off millions of dollars from m his former company Nissan n to a dealership in the Middle East for his own ends.

Ghosn strenuousl­y denies nies the allegation­s and insists they ey have been cooked up in a “plot” plot” by Nissan executives wary of plans to bring the Japanes Japanese car giant closer to its French part partner Renault. On Friday, pu public broadcaste­r NHK cited un unnamed sources as saying that Tokyo prosecutor­s will indict the former auto tycoon as ea early as Monday on suspicion that t he had used money from Nissan for his personal i investment­s into 30 c companies. K Kyodo News said th the prosecutor­s d decided to indict G Ghosn on April 22.

NHK reported th that about 3 billion yen ($2 ($26.8 million) tran transferre­d to a US firm named Shogun Investment­s, run by Ghosn’s son, had been spent on investment­s in at least 30 companies.

Tokyo prosecutor­s are also considerin­g questionin­g Ghosn’s son, according to NHK.

Ghosn had already spent 108 days in custody over three other charges of alleged financial malpractic­e — accused of two counts of deferring part of his salary and concealing this from shareholde­rs and another charge of seeking to shift personal losses to the company.

 ?? Former Nissan chief Carlos Ghosn has spent 108 days in custody on financial malpractic­e counts. ??
Former Nissan chief Carlos Ghosn has spent 108 days in custody on financial malpractic­e counts.

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