Tokyo: Investigators are eyeing a possible aggravated breach of trust charge related to at least USD 32 million in Nissan funds transferred to a distributor in Oman, according to local news agency Jiji Press.
Tokyo prosecutors are considering pressing a fresh charge on former Nissan chief Carlos Ghosn, local media said Wednesday, which would be the latest twist in the auto tycoon’s dramatic downfall.
Ghosn’s lawyer Junichiro Hironaka told reporters Tuesday he has petitioned a Tokyo court to allow him to be tried separately from Nissan Motor Co., a co-defendant in the case.
Some of the money is believed to have been used to buy a luxury boat allegedly used by Ghosn and his family, according to a source familiar with the matter.
If Tokyo prosecutors were to move forward with the case, it would be the fourth criminal charge against the 65-year-old former high-flying auto executive, who denies all allegations.
He already faces three charges of financial misconduct over allegations he under-reported his compensation and sought to transfer personal losses to Nissan’s books.
Ghosn said Wednesday on his new verified Twitter account that “I’m getting ready to tell the truth about what’s happening.”
He has kept silent, publicly, since his release on bail last month after nearly four months of detention.
Tokyo district prosecutors are discussing the case with more senior colleagues before deciding whether to proceed, Japanese media said.
If prosecutors were to file new charges, it would not necessarily mean Ghosn returns to the detention centre where he spent more than three months before winning bail March 6, according to a local lawyer.
“The prosecutor can hit Ghosn with new charges without sending him back to prison. Prosecutors would need to again justify a detention by saying he was a flight risk and could destroy evidence and the chances seem fairly slim,” said the lawyer, who asked to remain anonymous.
The news came after it emerged that lawyers for Renault — Nissan’s parent company that Ghosn also led — have handed over documents to prosecutors showing “millions of euros” in payments to the firm’s distributors in Oman.
An internal probe by Nissan, which is cooperating with prosecutors, has found Ghosn had approved over $30 million in payments to a distributor in Oman, a person familiar with the matter confirmed to AFP.
Some of this money ended up in personal accounts, or used for purchases and investments by Ghosn — mainly to buy a yacht and make investments via his son’s firm — according to this person.
In a bolt from the blue that rocked Japan and the business world, Ghosn was arrested November 19 after prosecutors stormed his private jet at a Tokyo airport and took him into custody.
He spent more than 100 days in detention with limited access to lawyers before being released on bail of nearly USD 9 million.
Nissan swiftly removed him as chairman and is also expected to remove him from the board at an extraordinary shareholders’ meeting slated for Monday.
Ghosn was arrested in November and has been charged with breach of trust and with falsifying financial reports in understating his income. He says he is innocent.
Ghosn led Nissan for two decades, winning global accolades for steering the maker of the March subcompact, Leaf electric car and Infiniti luxury models from the brink of bankruptcy.
AFP
