Tokyo: Japanese prosecutors re-arrested Nissan Motor Co Ltd’s ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently. It’s unclear if Ghosn’s use of the houses is being probed by Japanese prosecutors, but the people familiar with the matter say they figure in the carmaker’s investigation into its former chairman, who brought Nissan back from the brink by creating an alliance with Renault SA nearly two decades ago. The re-arrest, however, means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct. The Tokyo prosecutor said the fresh arrest was based on suspicions that around October 2008, Ghosn shifted personal trades to the automaker to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses, and inflicted damage on Nissan by having it deposit a total of $14.7 million on four occasions between June 2009 and March 2012 into a related bank account. And in another unexpected development, Ghosn was arrested on Friday on suspicion of transferring losses from personal financial investments to Nissan, causing damage to the company’s assets, according to a statement from prosecutors. Ghosn was indicted on Dec. 10 on charges of underreporting his compensation on Nissan’s financial statement over a five-year period ending in March 2015.
Carlos Ghosn, formerly the chairman of Nissan, is arrested again on suspicion of shifting personal losses to the company.