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Ex-Nissan Executive Carlos Ghosn Faces New Charges

Video Credit: Newsy Studio - Duration: 01:07s - Published < > Embed
Ex-Nissan Executive Carlos Ghosn Faces New ChargesCarlos GhosnCarlos Ghosn

Ex-Nissan Executive Carlos Ghosn Faces New Charges

Japanese prosecutors have indicted Ghosn for the second time on allegations of financial misconduct.

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Ex-Nissan Executive Carlos Ghosn Faces New Charges

New charges against auto executive  Carlos Ghosn  could mean he'll spend more time in jail awaiting trial.  On Friday, Japanese prosecutors indicted the former Nissan CEO for the second time since his November arrest.  They allege that Ghosn transferred personal investment losses to Nissan and underreported his income between 2015 and 2018.  He was first indicted last month on separate allegations of understating his income by tens of millions of dollars between 2010 and 2015.  Nissan  and Mitsubishi have since ousted him as chairman.

Ghosn remains the CEO of French automaker Renault, though the company is still  investigating past payments  made to its board.  During a recent court appearance, Ghosn told a Tokyo judge that he's been  "wrongly accused"  of financial misconduct.  In  a statement , Ghosn's wife said her husband's health is suffering, adding that family members haven't seen him since November.  Media outlets  report that it's possible he'll be kept in jail until a trial starts, which could be months or even a year.  Ghosn's Japanese legal team has applied for bail, but said the court might not rule on that request until next week.

Additional reporting from  Newsy affiliate CNN . 



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