Thursday, January 24, 2019
News

Ghosn faces new charges

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Tokyo | Friday, 2019 2:15:04 PM IST
Ousted Nissan Motor Chairman Carlos Ghosn, who has been under arrest for alleged financial misconduct, was on Friday hit with new charges and was accused of misreporting his compensation through 2018 and abusing his position for personal gain.

Tokyo prosecutors accused Ghosn of misreporting his compensation by tens of millions of dollars during a three-year period that ended in March 2018, reports Efe news.

The latest indictment means Ghosn is eligible for bail. The former Chairman's lawyer is set to file for his release on Friday.

Ghosn's alleged co-conspirators, Nissan Director Greg Kelly and Nissan Motor, were also indicted for the alleged misreporting.

Ghosn, Kelly and Nissan were previously indicted on December 10 on similar allegations related to financial statements filed over a five-year period that ended in March 2015.

Nissan has expressed regret over the case but hasn't said whether it will contest the allegations.

Ghosn has called the charges against him "baseless" and Kelly, who is currently out on bail, has maintained his innocence.

Ghosn faces an additional charge of breach of trust related to a series of transactions with Saudi Arabian businessman Khaled al Juffali.

--IANS ksk/mr

( 197 Words)

2019-01-11-13:52:06 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
After Jio, Mukesh Ambani bets big on Int...
Netflix aims for more original global co...
Markets open marginally lower than yeste...
HP launches full-colour 3D printer for S...
Dia Mirza felicitates winners at India A...
Key Indian equity indices open in green...
More...
 
INDIA WORLD ASIA
Farmers in Amethi raises anti-Rahul Gand...
Manali, Dalhousie get more snow...
Train runs over 4 in UP...
My childhood is there in all my books: M...
Tripura gets Rs 20 crore boost from ONGC...
Once a terrorist, Lance Naik Nazir Wani ...
More...    
 
 Top Stories
Celebrations begin at Diggi Palace ... 
S.Korean ex-chief justice arrested ... 
Nawazuddin Siddiqui is one of our f... 
India, China review progress in bil... 
Netflix aims for more original glob... 
Gulshan takes up boxing in real lif... 
Bengaluru doctor offers free angiop... 
Kim expresses 'great satisfaction' ...