Japanese Court Extends Detention Of Former Nissan Chairman Until December 20 - Reports

A Tokyo court extended on Tuesday the detention of the former chief of the Japanese automaker Nissan Motor, Carlos Ghosn, until December 20 after his arrest on allegations of financial misconduct, the Kyodo news agency reported on Tuesday.

TOKYO (UrduPoint News / Sputnik - 11th December, 2018) A Tokyo court extended on Tuesday the detention of the former chief of the Japanese automaker Nissan Motor, Carlos Ghosn, until December 20 after his arrest on allegations of financial misconduct, the Kyodo news agency reported on Tuesday.

Ghosn, 64, was detained on November 19.

On Monday, Tokyo prosecutors indicted the tycoon and former Nissan senior executive Greg Kelly on allegations of having under-reported about 5 billion Yen (about $44 million) of Ghosn's salary between 2010 and 2015. Ghosn's arrest has already been extended twice.

On November 22, Nissan confirmed that its board of directors dismissed Ghosn as its chairman and also voted to remove Kelly.

Both Ghosn and Kelly face up to 10 years in prison, a fine of up to 10 million yen, or both for filing a false financial statement.