Udayavni Special

Japan Court Rejects Carlos Ghosn Release Bid


Team Udayavani, Jan 10, 2019, 5:43 AM IST

A Japanese court rejected a bid by former Nissan boss Carlos Ghosn to end his detention over alleged financial misconduct, a day after he denied all accusations in a dramatic court appearance. Ghosn’s lawyers had appealed to the court to free the auto tycoon, claiming at a special hearing in a Tokyo court there were no grounds for his detention, which has now lasted more than 50 days.

But the court batted off the request, saying in a terse statement: “The request to cancel the detention filed by Mr Ghosn’s lawyers yesterday… was rejected on January 9.” 

Ghosn stands accused of under-reporting his income in documents to investors, apparently in response to criticism that he earned too much.

He is also under investigation for allegedly seeking to pass off personal investment losses to Nissan’s books and paying a Saudi businessman from company funds to stump up collateral to cover the losses.

Ghosn earlier mounted a systematic denial of all the allegations, concluding that he had been “wrongly accused and unfairly detained based on meritless and unsubstantiated accusations”.

The presiding judge explained that Ghosn continued to be detained because he presented a flight risk and there were concerns he could tamper with evidence.

Ghosn’s latest maximum period of detention will end and he will either be freed on bail or — more likely — see his detention extended.

Even his main lawyer Motonari Otsuru has acknowledged the 64-year-old executive has little chance of being released soon, describing it as “very difficult” to win bail before the case goes to trial. And that, he said, could take at least six months.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

TN CM calls up class VI student to say schools will re-open on November 1

K’taka bypolls: CM to start campaigning in Hanagal on October 17

MP: 500MW coal-fired power plant in Umaria trips due to tube leakage

5 youths drown during Durga idol immersion

Man-eater tiger trapped in Nilgiris

Members of farmers’ body detained in Lucknow for trying to burn effigies of PM Modi, Shah

Drugs case: Aryan Khan speaks to parents via video call from jail; gets Rs 4,500 via money-order

Related Articles More

UK to allow cheaper COVID-19 tests for returning vaccinated travellers

Protests hit Italy as workplace anti-COVID norms go in force

Taliban: Explosion strikes mosque in Afghanistan’s south

British queen appears to show irritation at climate inaction

Seoul police arrest 4 over cameras hidden in entire motel

MUST WATCH

UDAYAVANI NEWS BULLETIN|15/10/2021

Devotees came to Sirsi Marikamba Temple

Abhimanyu To Carry Golden Howdah

first Ambari festival statue in Dussehra history

Information About Dasara Elephant Abhimanyu


Latest Additions

TN CM calls up class VI student to say schools will re-open on November 1

MS Dhoni becomes first in world cricket to captain in 300 T20 games

10-day Mysuru Dasara festival comes to an end but palace to glow for next 9 days

K’taka bypolls: CM to start campaigning in Hanagal on October 17

Guj: 8-year-old girl mauled to death by lions in Amreli

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.