The Borneo Post (Sabah)

Nissan seeks to block Ghosn’s access to apartment in Rio

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TOKYO: 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 Nov 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 (US$88 million), over five years from 2010.

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

A Brazil court has granted Ghosn access to the property, owned by Nissan, in the Copacabana neighborho­od, but the company said in a statement yesterday 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 today.

“Nissan identified serious misconduct­relatedtot­hereportin­g 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. — Reuters

 ??  ?? Carlos Ghosn
Carlos Ghosn

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