Nissan’s Carlos Ghosn denies new charges after being rearrested

Renault Nissan Carlos Ghosn

Tokyo prosecutors arrested former Nissan Motor Co Chairman Carlos Ghosn on Thursday, less than a month after he was released on bail amid the ongoing investigation into his financial misconduct. He has denied new charges brought against him as he was served with his fourth arrest warrant in less than six months.

Earlier in the day, media reported that Ghosn had been rearrested by Tokyo prosecutors on suspicion of misusing the funds belonging to the automobile company.

In particular, the former executive is accused of inflicting a $5 million loss to Nissan by transferring a part of money, which Nissan’s subsidiary in the United Arab Emirates paid to an Omani distributor, to a firm that he effectively owns.

“My arrest this morning is outrageous and arbitrary. It is part of another attempt by some individuals at Nissan to silence me by misleading the prosecutors. I am innocent of the groundless charges and accusations against me,” Ghosn said in a statement.

The unexpected rearrest came shortly after Ghosn announced on Twitter that he was preparing to hold a press conference on April 11 to “tell the truth about what’s happening.” (UNI)