TECHNOLOGY

Nissan ex-chair Ghosn appeal on extended detention rejected

Ghosn, first arrested in November, was released March 6 on bail but was arrested again on April 4. (AFP)

Japan’s top court has rejected an appeal by former Nissan Chairman Carlos Ghosn's lawyers against his extended detention after his fourth arrest on allegations of financial misconduct.

The decision Wednesday conveyed to foreign media on Thursday, turns down the appeal by Ghosn’s lawyers against an extension of his detention through April 22 that was approved Monday by the Tokyo District Court.

Ghosn, first arrested in November, was released March 6 on bail but was arrested again on April 4. He is charged with under-reporting his retirement compensation and with breach of trust. He denies any wrongdoing.

Ghosn led Nissan for two decades, turning around the company from near-bankruptcy. Last week, Nissan’s shareholders voted to remove him from Nissan’s board.

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Last Update: Thursday, 18 April 2019 KSA 12:51 - GMT 09:51
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