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  HOME | Business & Economy (Click here for more)

Hearing in the Carlos Ghosn Case to Begin in April

TOKYO – The first hearing in the trial of former Nissan and Renault chief Carlos Ghosn will be held on April 21, a year and a half after his first detention in the Japan capital, local news agency Kyodo reported on Saturday.

Ghosn, 65, is accused of allegedly underreporting to the authorities a series of salary compensations he agreed with Nissan since 2009 and also of aggravated breach of trust for a series of allegedly irregular payments.

He was arrested on Nov. 19, 2018, and was later released on bail pending trial.

Citing an unidentified source with knowledge of legal proceedings, Kyodo said the first hearing will involve the questioning of Ghosn as well as present and past officials of Nissan, over the alleged concealment of the financial compensation to the former executive.

Ghosn faces two legal proceedings for two different periods for payments agreed for eight years until 2018.

He is also accused of diverting Nissan funds for personal matters for which he faces alleged aggravated abuse of company trust.

According to Kyodo, Ghosn is expected to appear in dozens of court hearings next year, up to three times a week. Previously, preliminary hearings were held in March to define legal proceedings in the case.

The former Renault president, one of the architects of the alliance between that French group and Nissan Motor forged a decade ago, has denied all charges and attributes the accusations to Nissan’s internal quarrels.

Ghosn, who holds French, Brazilian and Lebanese citizenship, spent 108 days in provisional detention until a judge issued his bail in early March.

But he was arrested again on April 4, when the prosecution presented new charges, and was released again on bail on April 25.

 

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