Nissan cancels lease on Ghosn's Tokyo apartment

Carlos Ghosn: Ex-Nissan chair faces 'two new charges'

Carlos Ghosn: Ex-Nissan chair faces 'two new charges'

Nissan and Greg Kelly, a former director at the firm who was arrested along with Ghosn but has since been released on bail, were also indicted Friday on fresh allegations of financial misconduct.

Ghosn has remained in custody at the Tokyo Detention House since his arrest by prosecutors in November for allegedly understating his remuneration in Nissan's securities reports.

Earlier this week Ghosn told a Tokyo court he was innocent, in his first public appearance since his arrest, and appealed for his detention to end.

In addition, it is no longer making payments on his residence in Paris, the person added on condition of anonymity due to the sensitivity of the matter.

As chairman of Nissan, Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T), the globe-trotting Ghosn had access to a string of residences around the world, including additional homes in Beirut and Rio de Janeiro.

Prosecutors have brought a new indictment against Nissan's former chairman Carlos Ghosn.

Ghosn has said that the payments to Al-Juffali through a Nissan subsidiary were proper compensation for him taking care of hard business problems in the Middle East.

The Nikkei daily earlier reported that prosecutors planned to charge Ghosn for aggravated breach of trust on Friday.

He was initially indicted in December for underreporting his remuneration during the five years from fiscal 2010.

His legal team said they would file a bail application to free Ghosn, but they acknowledged that he is unlikely to be released, as it is uncommon for defendants in Japan who deny their charges to be granted bail ahead of trial, which in Ghosn's case will be in about six months.

The arrest and detention of Ghosn, once among the most celebrated executives in Japan, has sparked worldwide criticism of Japan's justice system, which effectively allows suspects to be held indefinitely and questioned without a lawyer present.

Nissan last weekend put two executives close to Ghosn on leave of absence, suggesting that the internal investigation into the alleged misconduct could be spreading.

Lawyers for Ghosn said they would request bail for the ex-Nissan chief.

Ghosn holds French, Lebanese and Brazilian passports and his children live in the USA, his wife said that her husband is living in "harsh conditions" and enduring "unfair treatment", and that authorities have not let the family speak with medical personnel at the detention center.

The Yomiuri Shimbun said US$100 million was paid to sales agents in five Middle Eastern countries from Ghosn's special "CEO reserve".

And with each formal charge, prosecutors can hold Ghosn for two months of pre-trial detention, which is also renewable.

However, according to local media, he was struck down by a high fever late Wednesday, with the prison doctor saying he was too unwell to be questioned or receive visits from his lawyer or embassy officials.

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