Former Nissan chairman Ghosn indicted on new charges

Ghosn suffers high fever, interrogation suspended

Ghosn has been detained since his November arrest.

Otsuru earlier this week said Ghosn would likely be held until the trial which could begin in about six months.

Japanese prosecutors are likely to indict him Friday, when his current detention period expires for the alleged breach of trust.

The prosecutors, meanwhile, believe Ghosn committed aggravated breach of trust the moment he transferred the contract to Nissan.

The French government has stood by Ghosn so far, saying he must benefit from the presumption of innocence. He appeared in public for the first time on January 8 looking gray and gaunt, and was led into a court room handcuffed and with a rope tied around his waist. But the court rejected that request.

The prosecutors also indicted former Nissan Representative Director Greg Kelly and Nissan itself for the alleged misstatement of Ghosn's remuneration.

He spoke in a strong voice and said he had acted "honourably, legally and with the knowledge and approval of the appropriate executives inside the company".

He said the compensation was never decided on, the investment deal never resulted in any losses to Nissan, and the payments to the Saudi businessman were for legitimate services related to dealers and investments in the Gulf.


Ghosn led Nissan Motor Co. for two decades, salvaging the Japanese automaker from bankruptcy.

The company issued a statement on the findings after a board of directors' meeting on Thursday meeting. It declared that no fraud was found in 2017-2018 but it is still examining previous years.

Ghosn holds French, Lebanese and Brazilian passports and his children live in the U.S. 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. As part of the charge, prosecutors also claim Ghosn then arranged for Nissan to pay an associate who helped him with the red ink. Such visits were canceled Thursday but resumed Friday.

It's not uncommon in Japan for suspects to endure lengthy pre-trial detentions.

A prosecutor's office spokeswoman said charges against Ghosn carry a maximum prison sentence of 15 years.

Ghosn has been interrogated daily but now will only be questioned with his consent, Kukimoto said.

He was served a third arrest warrant on December 21 for allegedly shifting a currency swap contract with losses worth ¥1.85 billion to Nissan in 2008 and causing damage to the company by having it pay $14.7 million to a Saudi businessman, who guaranteed credit for Ghosn, in the following years. Prosecutors allege he underreported his income over five years through 2015.

Before his sudden downfall, Ghosn was a respected figure in the global auto industry, having rescued the Japanese automaker from near-bankruptcy, building its sales operations and profits and pioneering ecological vehicles.

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