You are here

Tokyo prosecutors detail Ghosn's alleged cash transfer in revised indictment

BP_Carlos Ghosn_140519_83.jpg
Tokyo prosecutors have filed a request to revise the content of their indictment of Carlos Ghosn for aggravated breach of trust, providing further details on alleged cash transfers involving the former Nissan boss and a Saudi friend, Kyodo news reported.

[TOKYO] Tokyo prosecutors have filed a request to revise the content of their indictment of Carlos Ghosn for aggravated breach of trust, providing further details on alleged cash transfers involving the former Nissan boss and a Saudi friend, Kyodo news reported.

Ghosn has been charged on several counts of financial misconduct and of allegedly enriching himself at Nissan Motor's expense. He has denied all charges against him.

The former chief of Nissan and alliance-partner Renault is currently free on a US$4.5 million bail as he awaits trial. Under the bail conditions, Ghosn's movements and communications are closely monitored and restricted to prevent his fleeing the country and tampering with evidence.

Ghosn has said he is the victim of a boardroom coup, accusing former Nissan colleagues of "backstabbing", describing them as selfish rivals bent on derailing a closer alliance between the Japanese automaker and Renault, its top shareholder.

REUTERS

sentifi.com

Market voices on: