Prosecutors indict Ghosn on two new charges

Prosecutors indict Ghosn on two new charges

According to informed sources, Ghosn denies all the charges. Since Ghosn's initial arrest, prosecutors have repeatedly extended his detention and re-arrested him over new allegations.

The court rejected an appeal by Ghosn's lawyers for his release from detention, and on Thursday turned down another appeal.

It appears unlikely that Ghosn will be granted bail until his trial begins, which is expected to take at least six months, Ghosn's chief lawyer Motonari Otsuru said earlier, citing the complexity of a case involving documents in both Japanese and English.

Kelly, in contrast, was released on bail on December 25 and his lawyer said Friday he has since undergone surgery for spinal stenosis at a hospital in Ibaraki Prefecture and moved to a residence approved by the court.

"I recently learned that my husband is suffering from a high fever at the detention center in Tokyo, but my information is limited to news reports as no one in his family has been allowed to contact him since November 19", she said.

Carlos Ghosn could spend the next year in a Tokyo jail awaiting trial after he was indicted for the second time since his arrest almost two months ago.

Ghosn's lawyers are now able to meet him.

Ghosn denied all the charges against him at a Tuesday court hearing, his first public appearance since being detained November 19 with Kelly.

If proven, each of Ghosn's alleged offense may carry a sentence of as much as 10 years, prosecutors have said.

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The boards of the two companies met Thursday for an update on the investigations, and Nissan later said in a statement that it remains committed to the alliance.

With each allegation against Ghosn, prosecutors can seek up to 22 days of detention to investigate the claims - the period for the aggravated breach of trust allegation expired Friday.

Greg Kelly, another Nissan executive, and Nissan as a legal entity were charged along with Ghosn with additional under-reporting of income, from 2015 to 2017. Nissan has dismissed Kelly from his role as a representative director.

"In all of my efforts on behalf of the company, I have acted honourably, legally and with the knowledge and approval of the appropriate executives inside the company".

His wife Carole Ghosn has issued a statement expressing concern over his illness.

"We are fearful and very anxious his recovery will be complicated while he continues to endure such harsh conditions and unfair treatment", she added.

Renault, which is the biggest shareholder in Nissan, has refrained from removing Ghosn, instead appointing interim replacements.

Ghosn's spectacular downfall following his arrest in November has shaken the worldwide auto industry and strained the alliance he built between Nissan (NSANY), Renault and Mitsubishi Motors (MMTOF).

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

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