Denied all accusations accused to him, former Nissan chairman will appear on public on next tuesday


Carlos Ghosn Carlos Ghosn - Former Nissan Chairman, who was arrested by Japanese authorities, Carlos Ghosn, will appear first in public at a hearing in a Tokyo court next Tuesday. As reported by Reuters on Saturday, January 5th 2019, the former Nissan's number one person requested an open hearing on Tuesday, January 8th 2019 at 10:30 a.m. Tokyo time, to explain the reasons for his detention by Japanese officials.

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Carlos Ghosn has been detained for 7 weeks since November 19th 2018. He was arrested for alleged manipulation of his financial statements. The Japanese authorities themselves extended Ghosn's detention until January 11th, 2019. Ghosn was supposed to be able to be free at the end of December, but Japan then keep detained Ghosn on another charge.

Japanese officials accused Ghosn of cheating by transferring losses to his private investment to Nissan. He was suspected of using company funds to pay Saudi Arabian businessmen who helped Ghosn to get out of his financial problems. Carlos Ghosn himself repeatedly denied all accusations addressed to him. Unlike Ghosn who is still detained by police, Ghosn's colleague, another former Nissan executive, Greg Kelly, was released on bail.

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Apart from being ousted from the seat of Nissan Chairman, Ghosn also lost his seat at Mitsubishi. This case has rocked the automotive world and threatens the Japan-Europe alliance consisting of 3 brands namely Nissan, Mitsubishi and Renault.


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