Ex-Nissan boss held on new charge

JAPANESE media has reported that prosecutors have charged Nissan’s former chairman Carlos Ghosn with breach of trust.

The charges reportedly filed yesterday are his fourth. They are related to payments by a subsidiary of the Japanese automaker that allegedly went to a private investment company controlled by Ghosn.

The charges could not immediately be confirmed with prosecutors, but the indictment was expected and it ensures he will remain in detention at least for now. His current period of detention would have expired yesterday if he had not been charged.

Mr Ghosn, 65, was arrested in November. He claims he is innocent of all financial misconduct charges against him.

Prosecutors re-arrested Mr Ghosn in early April, a month after he was released on 1 billion yen ($12.5 million) bail pending his trial.

Prosecutors allege that half of $7 million paid by Nissan to one of its overseas distributorships went to Mr Ghosn’s investment company.