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UPDATE 3-Nissan's Ghosn to make first public appearance in 7 weeks in court on Tuesday


Reuters Japan
Updated: 04-01-2019 15:00 IST
UPDATE 3-Nissan's Ghosn to make first public appearance in 7 weeks in court on Tuesday

(Image Credit: Twitter)

Ousted Nissan Motor Co Ltd Chairman Carlos Ghosn is set to appear in a Tokyo court on Tuesday after he requested an open hearing to hear the reason for his continued detention.

It would be Ghosn's first public appearance since he was arrested on Nov. 19 on allegations of financial misconduct. He has been detained since then and has also been re-arrested over further allegations.

The hearing will take place at 10:30 local time (0130 GMT) on Jan. 8, the court said on Friday.

Earlier this week, the Tokyo District Court approved an extension to Ghosn's detention until Jan. 11, after re-arrest by prosecutors who accuse him of aggravated breach of trust in transferring personal investment losses to Nissan.

The allegations centre on the use of company funds to pay a Saudi businessman who is believed to have helped him out of financial difficulties, sources said last week.

Ghosn has already been charged for allegedly under-reporting his income. He has denied the allegations, local media has said. The reason behind the timing of the request for a court hearing was not clear.

Former Nissan executive Greg Kelly, who has been charged with conspiring to under-report Ghosn's income, has been released on bail after the court ruled against extending his detention while he awaits trial.

Ghosn's arrest has rocked the auto industry and strained Nissan's ties with French automaking partner Renault SA , where he still remains chairman and chief executive.

(Reporting by Sam Nussey; Editing by Himani Sarkar and Christopher Cushing)

COUNTRY : Japan

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