Sunday, October 20, 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
October 22 strike may affect operations:...
Ex-Jet Airways chief Dube joins GoAir as...
Amid tension, Assam set to hold Indo-Ban...
Women self-help group stalls a hit at CI...
Singh bros imperiled Religare Finvest to...
India Inc responds warmly to invest in M...
More...
 
INDIA WORLD ASIA
UP: BSF jawan killed in firing by Bangla...
When Hussain Sagar lake became 'Jai Shri...
Maharashtra: Case registered for sending...
India, Philippines to bolster cooperatio...
Odisha: Illegal firecracker production u...
Karnataka: Siddaramaiah accuses Yediyura...
More...    
 
 Top Stories
Turkey threatens to 'crush' Kurds i... 
Military Games will help players to... 
Sanmoy's arrest bring opposition pa... 
Boris Johnson refuses to sign lette... 
41 subway stations damaged during p... 
Jharkhand: With belief of venom imm... 
UP: Woman accuses husband of giving... 
Chinese state media warns NBA commi...