Japan Court Rejects Ex-Nissan Chief's Bail Appeal
Rukhshan Mir (@rukhshanmir) Published January 17, 2019 | 05:31 PM
Former Nissan boss Carlos Ghosn will stay behind bars in Japan for the foreseeable future after a Tokyo court quashed his appeal for bail as he faces charges on three counts of financial misconduct
Tokyo, (APP - UrduPoint / Pakistan Point News - 17th Jan, 2019 ) :Former Nissan boss Carlos Ghosn will stay behind bars in Japan for the foreseeable future after a Tokyo court quashed his appeal for bail as he faces charges on three counts of financial misconduct.
Since his stunning arrest on November 19 the auto tycoon has languished in a Tokyo detention centre, facing questioning over allegations he under-reported his salary and tried to shift personal losses on to the company.
The court had previously refused to release the 64-year-old Franco-Lebanese-Brazilian businessman on the grounds that he could present a flight risk and destroy evidence.
Last week he was formally charged on two of the counts and his request for bail was denied. Even his own lawyer has admitted he is likely to be kept behind bars until a trial -- which could take six months.
His legal team said they would now appeal to the Supreme Court.
The appeal -- and its rejection -- came as the French government called for him to be replaced at the head of Renault, the only one of the three companies he used to head that has retained him.
Japanese firms Nissan and Mitsubishi Motors jettisoned him as boss almost immediately after his arrest, but Renault was more cautious and appointed an interim leader while Ghosn fought the charges.
With the latest rejection he faces at least a two-month period in pre-trial detention. This can be extended almost automatically by one month at a time.
His wife Carole has appealed to rights group Human Rights Watch over his detention, saying he was being held in "harsh" conditions and subjected to round-the-clock interrogations in an attempt to extract a confession.
Ghosn has been seen only once in public since his detention, in a dramatic court appearance.
He had clearly lost a lot of weight but seemed otherwise in good health. He passionately proclaimed his innocence and his love for Nissan, a company he is widely credited with saving from the brink of bankruptcy.
"I have been wrongly accused and unfairly detained based on meritless and unsubstantiated accusations," Ghosn told a packed courtroom.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 8 May 2024
Today Gold Rate in Pakistan 08 May 2024
Delegation of international investors meets Finance Minister
Federal Govt stands with Balochistan for its development: Naqvi
UAE President receives condolences of Prime Minister of Pakistan over passing of ..
ECC approves to enhance wheat procurement targets
UN urges Israel to 'stop escalation' as tanks enter Gaza's Rafah city
EU stumps up $125 mn for Yemen after aid groups' plea
Governor Tessori condemns May 9 riots, calls it a 'pre-planned conspiracy'
PM condoles with UAE President over Sheikh Tahnoun’s death
Milan nets Giro 4th stage, Pogacar retains lead
UBS back in profit after Credit Suisse takeover losses
More Stories From World
-
Blinken says US targeting those 'preying' on migrants
1 minute ago -
Reus and Hummels 'close the circle' with Champions League return to Wembley
1 minute ago -
Hummels stuns Mbappe and PSG to take Dortmund to Champions League final
31 minutes ago -
Asian markets mixed as traders weigh rates outlook
41 minutes ago -
Brazilians queue for precious water as flood damage intensifies
2 hours ago -
Ritacuba Blanco: death of a Colombian glacier
2 hours ago
-
Leverkusen edge closer to Dublin as another record looms
2 hours ago -
Slovakia records 1,100 bomb threats in a day, launches terror probe
8 hours ago -
Football: UEFA Champions League result
8 hours ago -
Equipment of Pakistani peacekeepers begins to move out as UN mission to D.R. Congo ends
8 hours ago -
Ramos joins Mbappe and Dembele in PSG attack against Dortmund
9 hours ago -
Paris Saint-Germain v Borussia Dortmund Champions League starting line-ups
9 hours ago