Former Nissan boss Carlos Ghosn has been indicted by prosecutors in Japan on a fresh charge of aggravated breach of trust.<\/p>\n
It is the fourth charge brought against Mr Ghosn and relates to the alleged misuse of company funds.<\/p>\n
The 65-year-old is in detention in Tokyo and his lawyers have applied for bail.<\/p>\n
Mr Ghosn, who denies any wrongdoing, has said the allegations are a result of a plot against him.<\/p>\n
He was first arrested in November and spent 108 days in custody. While out on bail pending a trial, the former auto boss was\u00a0re-arrested in Tokyo on 4 April.<\/a><\/p>\n Prosecutors allege that Mr Ghosn made a multi-million-dollar payment to a Nissan distributor in Oman, and that as much as $5m (\u00a33.8m) was funnelled to an account controlled by Mr Ghosn.<\/p>\n The company he once ran, Nissan, has filed its own criminal complaint against Mr Ghosn, accusing him of directing money from the company for his own personal enrichment.<\/p>\n Mr Ghosn was first charged with under-reporting his pay package for the five years to 2015.<\/p>\n In January, a new charge claimed he understated his compensation for another three years. He was also indicted on a fresh, more serious charge of breach of trust.<\/p>\n The fall from grace for the industry titan has attracted global attention. The case has also put a spotlight on fighting within the carmaker alliance and on Japan’s legal system.<\/p>\n Mr Ghosn was the architect of the alliance formed between Japan’s Nissan and French carmaker Renault, and brought Mitsubishi on board in 2016.<\/p>\n He is credited with turning around the fortunes of Nissan and Renault over several years.<\/p>\n Earlier this month Mr Ghosn said the allegations were a plot and conspiracy against him,\u00a0accusing Nissan executives of “backstabbing”.<\/a><\/p>\n Source: bbc.co.uk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"