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Ghosn set to appear in court on Tuesday to hear reason for detention

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Staff Writer | Friday January 4, 2019 5:12AM ET
Carlos Ghosn
Asia   It would be Ghosn's first public appearance

Ousted Nissan Motor boss Carlos Ghosn is expected to appear in a Tokyo court on Tuesday after his lawyer requested that an open hearing be held to disclose the reason for the 64-year-old's detention.


It would be Ghosn's first public appearance since he was arrested on Nov. 19 for alleged financial misconduct, and he is expected to deny the allegations against him.

The Tokyo District Court said Friday it has decided to begin necessary procedures from 10:30 a.m. Tuesday.

Ghosn was arrested with his close aide Greg Kelly on suspicion of understating in Nissan's securities reports roughly 5 billion yen ($46.3 million) of his 10 billion yen remuneration during the five years through March 2015, and has already been indicted on this charge.

While Kelly has been released on bail, Ghosn's detention period has been further extended as he was served another arrest warrant on Dec. 21 for allegedly transferring his personal investment losses worth 1.85 billion yen to Nissan in 2008.

 

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