Ousted Nissan chairman Carlos Ghosn indicted for fourth time, lawyer requests bail GlobeBusiness
Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said, the fourth charge against the former Nissan Motor Co Ltd chairman which his lawyers met immediately with a bail request.
The case has rocked the global auto industry while shining a harsh light on Japan’s judicial system, which critics refer to as “hostage justice” as defendants who deny their charges are often not granted bail. During that period, prosecutors allege two separate payments of $5-million were made from the account of a Nissan subsidiary into the account of an overseas dealership. A total of $5 million was subsequently transferred from the dealership’s account to another account in which Ghosn had an interest.
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