Carlos Ghosn Indicted on New Charges of Misappropriating Funds

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Carlos Ghosn indicted on charges of misappropriating Nissan Motor funds, clearing way for him to seek release on bail again

TOKYO—Carlos Ghosn was indicted Monday on charges that he misappropriated Nissan Motor Co. funds, clearing the way for him to seek release on bail.

Tokyo prosecutors arrested the former Nissan and Renault SA chairman on April 4—his fourth arrest since Nov. 19. In the latest set of charges, prosecutors allege that between 2017 and 2018, Mr. Ghosn arranged for a company he controlled to receive a portion of money sent by Nissan to its overseas distributor, said the Kyodo news agency. Of a total of $10 million sent by Nissan...

 

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I wonder if this will impact his annual bonus?

Japan is embarrassed that their economic policy has failed for nearly 30 years. Ghosn saved Nissan from bankruptcy. It is idiotic that either France or USA has not sought his release..

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