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Japan court extends ex-Nissan chief Carlos Ghosn's detention by 10 days

Ghosn was re-arrested on Friday based on suspicions that around October 2008 he shifted personal trades to Nissan to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses

Reuters  |  Tokyo 

nissan

A on Sunday extended for 10 days the detention of ousted Motor Co chairman Carlos Ghosn, who is facing new allegations of making the car maker shoulder $16.6 million in personal investment losses.

The extension announced by the Tokyo District Court means will remain in Tokyo's main detention centre, where he has been confined since his arrest last month on initial allegations of financial misconduct.

was re-arrested on Friday based on suspicions that around October 2008 he shifted personal trades to to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses, prosecutors said.

They said the move inflicted damage on by having it deposit a total of $14.7 million on four occasions between June 2009 and March 2012 into a related  

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sun, December 23 2018. 23:21 IST
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