Carlos Ghosn's detention extended until April 22

Carlos Ghosn

Carlos Ghosn

The scandal led Nissan, Renault and Mitsubishi Motors Corp.to remove Ghosn, architect of one of the world's largest auto groups, as chairman.

Since his re-arrest on April 4 at his home in Tokyo, barely a month after his release on bail, the fallen vehicle magnate is in the prison of Kosuge district (north of the capital), where he is regularly interrogated by the investigators of the prosecutor's office.

Japanese media have reported that some of the money from the Oman dealership may have gone to a company, Beauty Yachts, run by Ghosn's wife Carole, while other money may have gone to a US -based startup called Shogun, owned by Ghosn's son.

New Renault Chairman Jean-Dominique Senard told managers they had proved their ability to "overcome our differences and keep the alliance strong", also invoking a need for quality improvements and swift joint decision-making, sources said.

Ghosn's wife Carole has increasingly become a key figure in the case and was questioned by authorities on Thursday.

Ghosn has been charged with falsifying financial documents in underreporting his compensation, and with breach of trust in using Nissan Motor Co. money for dubious payments. Details have not been disclosed.

House Democrats set hard deadline for Trump to cough up tax returns
He claimed - and has continued to claim - that he could not make his tax returns public because they were under audit by the IRS. Last week, the acting chief of staff, Mick Mulvaney told Fox News Sunday that Democrats will "never" see Trump's tax returns.

The Brazilian-born businessman who also has French and Lebanese nationality, was first arrested on November 19 on charges of under-reporting his income for years in Nissan's securities reports and went on to spent 108 days in detention.

Ghosn, who led the Japanese automaker for two decades, says he is innocent.

His lawyers, who have protested the detention as unfair, filed a new appeal with the court on the latest detention extension, but the court rejected it late Friday.

FILE - This Friday Sept. 15, 2017 file photo shows the logo of the Renault-Nissan-Mitsubishi alliance during a press conference in Paris.

In a video message released Tuesday, Ghosn said his arrest was the result of "backstabbing" by Nissan, saying that a "few executives" there felt threatened by what might happen to the company's autonomy in a potential convergence or merger with Renault. Nissan shareholders approved Ghosn's ouster from the board this week, and tapped Senard in his place.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.