Japan court rejects Ghosn’s bail appeal

17th January, 2019 09:51:48 printer

Japan court rejects Ghosn’s bail appeal

TOKYO: 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, reports AFP.

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.