April 30, 2026 11:03 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Exit Polls Give Bengal to BJP—But One Survey Begs to Differ | Big defence push: Rajnath Singh to hold high-stakes talks with Italy’s Defence Minister | “Voting without fear”: PM Modi hails record turnout in West Bengal polls | Mamata Banerjee trying to intimidate Hindu voters, alleges Suvendu Adhikari in Bhabanipur | Operation Sindoor boost: India is now fifth-largest military spender at USD 92.1 billion in 2025, Pakistan's spending is also up | ‘Got the guts?’ Derek O’Brien dares Modi to quit if Mamata Banerjee wins Bengal polls | ECI ‘harassing’ TMC, dancing to BJP’s tune: Mamata Banerjee in Bhabanipur | ‘Nothing like playing football’: PM Modi unwinds in Sikkim after Bengal poll blitz | Crackdown on D-Company: Dawood aide Salim Dola deported to India | Mumbai horror: Man asks two security guards to recite ‘kalma’, then stabs them

Japanese prosecutors slap ex-Nissan Chairman Ghosn with fresh indictment-Reports

| @indiablooms | Apr 22, 2019, at 05:30 pm

Tokyo, Apr 22 (Sputnik/UNI) Japanese prosecutors have indicted former Nissan chairman Carlos Ghosn on new charges over his alleged financial misconduct, local media reported on Monday.

Earlier in the day Nissan said it had filed a criminal complaint against Ghosn related to his misappropriation of the company's funds. The automaker said that some payments made by Nissan to an overseas vehicle sales company via a subsidiary "were in fact directed by Ghosn for his personal enrichment and were not necessary from a business standpoint."

According to the Kyodo news agency, Ghosn is accused of ordering Nissan's contractor in the United Arab Emirates to pay $10 million to an agent in Oman, Suhail Bahwan Automobiles, between July 2017 and August 2018. Half of those funds were reportedly transferred to the accounts of Lebanese investment company Good Faith Investments, which is said to belong to Ghosn.

Sources told the news outlet that the company owned by Ghosn's wife had received some of the transferred money, presumably to purchase a yacht worth $14 million for the family.

This is the fourth round of indictments Ghosn has faced. The businessman has maintained his innocence and claimed the situation is a conspiracy to prevent Nissan from merging with auto giants Mitsubishi and Renault.

Ghosn was first arrested in Japan in late November 2018 for underreporting around $44 million worth of his income and misusing the company's assets. He was released on bail in early March, only to be rearrested a month later on new charges.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.