Ghosn to face 4th charge from Tokyo prosecutors

Tokyo prosecutors are considering pressing a fresh charge on former Nissan chief Carlos Ghosn, local media said yesterday, which would be the latest twist in the auto tycoon’s dramatic downfall.

Investigators are eyeing a possible aggravated breach of trust charge related to at least $32 million in Nissan funds transferred to a distributor in Oman, according to local news agency Jiji Press.

Some of the money is believed to have been used to buy a luxury boat allegedly used by Ghosn and his family, according to a source familiar with the matter.

If Tokyo prosecutors were to move forward with the case, it would be the fourth criminal charge against the 65-year-old former high-flying auto executive, who denies all allegations.

Ghosn already faces three charges of financial misconduct over allegations he under-reported his compensation and sought to transfer personal losses to Nissan’s books.

Tokyo district prosecutors are discussing the case with more senior colleagues before deciding whether to proceed, Japanese media said.

If prosecutors were to file new charges, it would not necessarily mean Ghosn returns to the detention centre where he spent more than three months before winning bail on March 6, according to a local lawyer.

 

Ghosn to face 4th charge from Tokyo prosecutors

Tokyo prosecutors are considering pressing a fresh charge on former Nissan chief Carlos Ghosn, local media said yesterday, which would be the latest twist in the auto tycoons dramatic downfall. Investigators are eyeing a possible aggravated breach of trust charge related to at least $32 million in Nissan funds transferred to a distributor in Oman, according to local news agency Jiji Press. Some of the money is believed to have been used to buy a luxury boat allegedly used by Ghosn and his family, according to a source familiar with the matter. If Tokyo prosecutors were to move forward with the case, it would be the fourth criminal charge against the 65-year-old former high-flying auto executive, who denies all allegations. Ghosn already faces three charges of financial misconduct over allegations he under-reported his compensation and sought to transfer personal losses to Nissans books. Tokyo district prosecutors are discussing the case with more senior colleagues before deciding whether to proceed, Japanese media said. If prosecutors were to file new charges, it would not necessarily mean Ghosn returns to the detention centre where he spent more than three months before winning bail on March 6, according to a local lawyer.