Ghosn attends the preliminary hearing in Tokyo



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TOKYO (Kyodo) – Former Nissan Motor Co. Chairman, Carlos Ghosn, attended a pretrial hearing in Tokyo District Court on Thursday over his alleged transfer of private investment losses to the automaker. automobile.

Ghosn, 65, entered the courtroom with four of his lawyers, around 9:30, wearing a dark suit and tie.

The preliminary hearing, in which participated a judge, prosecutors and lawyers, was intended to narrow the points of dispute in the case against Ghosn about alleged aggravated breach of trust .

According to the indictment, Mr. Ghosn transferred to Nissan during the global financial crisis of 1.85 billion yen ($ 16.8 million) in derivative contracts and asked the builder to pay 14 , $ 7 million to a Saudi businessman who granted him credit.

On May 14, prosecutors asked the court to revise the indictment, claiming that Saudi businessman Khaled al – Juffali had provided about 2 billion yen to the prosecution. Ghosn about the same time he had transferred the losses.

Prosecutors also said that Ghosn had pledged a letter of credit, guaranteed by Juffali, when he signed the contract in place of Nissan.

During Thursday's closed hearings, lawyers probably asked prosecutors to provide explanations on the review and to quickly disclose the evidence.

Regarding the alleged aggravated breach of trust, Ghosn is also accused of having a Nissan subsidiary in the United Arab Emirates that pays $ 10 million to a distributor in Oman between July 2017 and July last year, of which 5 million have been transferred to a savings account at a Lebanese investment company that Ghosn actually owns.

A preliminary proceeding for its alleged violation of the Financial Instruments Act is expected to take place on 24 June. In this case, Mr Ghosn, his former close badociate Greg Kelly, and Nissan are accused of underestimating Mr Ghosn's compensation of about 9.1 billion yen in the company. securities reports submitted to Japanese regulators over the last eight years up to March of last year.

Ghosn, credited with rescuing Nissan while he was on the brink of bankruptcy in the late 1990s, lost all positions he held at Nissan. He denied all the allegations.

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