Business World

Nissan’s Ghosn to make first public appearance in 7 weeks in court

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TOKYO — Ousted Nissan Motor Co. Ltd. chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court on Tuesday after he requested an open hearing to hear the reason for his continued detention.

Mr. Ghosn has been held in a detention center since his Nov. 19 arrest on allegation­s of financial misconduct, which was followed by re-arrests over further allegation­s.

The hearing will take place at 10:30 local time (0130 GMT) on Jan. 8, the Tokyo District Court said on Friday. The reason behind the timing of Mr. Ghosn’s request was not clear.

Earlier this week, the court approved an extension to Mr. Ghosn’s detention until Jan. 11, after re-arrest by prosecutor­s who accuse him of aggravated breach of trust in transferri­ng personal investment losses to Nissan.

Those allegation­s centre on the use of company funds to pay a Saudi businessma­n who is believed to have helped him out of financial difficulti­es, sources said last week.

Ghosn has already been indicted for under-reporting his income. He has denied the allegation­s, local media has said.

Former Nissan executive Greg Kelly, who has been charged with conspiring to under-report Mr. Ghosn’s income, has been released on bail after the court ruled against extending his detention while he awaits trial.

Mr. Ghosn’s arrest was followed by his removal from roles at Nissan and Mitsubishi Motors Corp. The case has rocked the auto industry and strained Nissan’s ties with French partner Renault SA where he still remains chairman and chief executive.

The arrest has also put some of the practices of Japan’s criminal justice system under internatio­nal scrutiny, including keeping suspects in detention for long periods and prohibitin­g defence lawyers from being present during interrogat­ions. —

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