The Latest Renault-Nissan-Mitsubishi eyes post-Ghosn plan

The Latest: Renault-Nissan-Mitsubishi eyes post-Ghosn plan

Chairman Carlos Ghosn leaves his lawyer's office in Tokyo's Chiyoda Ward on April 3, 2019, the day before he was re-arrested.

It is rare for a court to cut short the requested detention period for a suspect in a case handled by the elite Tokyo prosecutors' special investigation squad.

Ghosn's initial detention period was set to expire on Sunday, and had been widely expected to be extended by the maximum 10 days.

A Japanese Court decided on Friday to allow prosecutors to hold ousted Nissan Motor Chairman, Carlos Ghosn, for an additional eight days. The Tokyo District Court has not explained the reason behind its decision.

Ghosn was first arrested in November and has been charged with breach of trust and falsifying financial documents in understating his income. He has denied any wrongdoing.

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 USA -based startup called Shogun, owned by Ghosn's son.

Although there had been no solid proof of Ghosn's financial misconduct, he had again been turned into a house of detention last week in Tokyo over new charges of channeling money through his wife's company to purchase a Yacht and a boat.

NHK has learned the details of email exchanges that indicate funds from Nissan Motor had been channeled to dummy companies effectively owned by former Nissan Motor chairman Carlos Ghosn.

Ghosn led the Japanese automaker for two decades and says he is innocent of the accusations that led to his downfall.

In a video message released earlier this week by his lawyers, Ghosn maintained his innocence and claimed that he had been "the victim of a conspiracy at Nissan involving other executives".

The architect of the Nissan-Renault-Mitsubishi alliance called the re-arrest "outrageous and arbitrary".

The handling of Ghosn's case has brought Japan's criminal justice system under worldwide scrutiny, with practices such as detaining a suspect for long periods and conducting interrogations without a lawyer present likened by critics to "hostage justice".

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