Chennai: Japanese prosecutors arrested Nissan’s ousted chairman Carlos Ghosn for a third time, accusing him of aggravated breach of trust in transferring personal investment losses to the automaker.
The move came when he was reportedly to be released on bail. Prosecutors are likely to ask a Tokyo court that Ghosn be detained for 10 days and after that ask for a 10-day extension.
Ghosn was initially arrested on 19 November and formally charged on 10 December with under-reporting his income for five years through March 2015. He was then re-arrested on 10 December on allegations of under-reporting his income for the subsequent three years, but has not yet been indicted for this.
The maximum penalty for both understating compensation and aggravated breach of trust is up to 10 years in prison and/or a fine of 10 million yen ($89,800).
Reports stated that prosecutors have 48 hours to ask the Tokyo District Court that Ghosn be detained for 10 days, which would expire between 30 December and 1 January, depending on when permission was granted.
The court usually approves such requests, reports said and added that on Thursday the court decided not to extend the detentions of Ghosn and former Nissan director Greg Kelly for 10 additional days on the previous allegations.