Carlos Ghosn will be charged on Monday for another misuse of Nissan funds: source

Prosecutors are ready to reiterate Monday the former president of Nissan Motor Co., Carlos Ghosn, for misuse of the company's funds that were paid to a distributor in Oman, sources said Friday. folder.

Tokyo prosecutors arrested Ghosn for the fourth time on April 4, on charges that he used part of the funds in a bank account that he effectively controlled, causing the builder $ 5 million to lose. His arrest comes less than a month after his release on bail after 108 consecutive days of detention.

Monday will be the last day of his last detention, approved by the Tokyo District Court, and will also be the deadline for prosecutors to decide whether to charge him or release him.

If charged, Ghosn's defense team will again ask for bail, said one of his lawyers.

Ghosn has previously been accused of violating the Financial Instruments Act by under-reporting his earnings to the regulators for a number of years, and aggravated breach of trust in connection with the alleged transfer of private investment losses to Nissan.

Regarding the last allegation, Carole, Ghosn's wife, agreed on April 11 to conduct a preliminary examination of prosecutors. The alleged transfer of funds from Nissan to the Omani distributor has come to an end. scooter.

Ghosn has always denied all allegations.

Ghosn lost his position as president at Nissan and its partners Renault SA and Mitsubishi Motors Corp. during the prolonged detention that was triggered by his first arrest in November.